The Principle Place of Operation for aircraft can broadly be defined as the location from which the principle financial functions and the operational control of the activities (relating to the air operator’s certificate) are carried out; the primary location from which flight operations and maintenance management and control are exercised; where the majority of the operational and safety-related records are kept and where accountable managers are based.
This means that by employing ORTA°C‘s operational management services for your aircraft, the principle place of operation for this aircraft will be the offshore, Channel Island of Jersey, where ORTA°C is based.
With a long history of political stability, Jersey is a stringently regulated and internationally respected offshore financial centre, which features on the OECD White List and has been assessed by Standard & Poors to have an AAA credit rating.
Jersey is a popular location for high net worth individuals to establish a base. The Island is a beautiful, safe location, in the hub of Europe, where residents can enjoy both an excellent quality of life and operate in a high-quality business environment. For more information abut relocating to Jersey, please contact Locate Jersey.
There is no need for owners to reside in Jersey, however, to enjoy the benefit of it being their aircraft’s principle place of operation. Because ORTA°C is located in Jersey, this confers a number of operational benefits on aircraft owners who utilise ORTA°C’s services – for example, highly efficient structuring solutions for aircraft being imported for free circulation within the EU, together with time and cost savings for crew and engineer licencing.
One of the added benefits of utilising ORTA°C‘s offshore base of Jersey as your principal place of operation, is that the pilots and engineers of non-EASA registered aircraft (managed and operated through ORTA°C) are able to continue to fly and maintain the aircraft under their existing International Civil Aviation Organisation (ICAO) country licences. This alleviates the cost and time implications of keeping two licences running concurrently, which would be the case, if your principal place of operation is within the EU.
Also, being able to utilise ICAO licensed engineers means that if you were to have a technical issue, when you are far from your operational base, aircraft downtime is greatly reduced, as there is no need to fly in an engineer with a particular licence.