Finance, Taxes, Insurance
Phenix Jet Reports First Temporary Registration in Asia
Process was completed at Singapore's Seletar Airport in five days
Singapore Seletar Airport
Phenix Jet completed a temporary registration process for a Bombardier Challenger 350 jet from Singapore's Seletar Airport. © Singapore Seletar Airport

Aircraft management and charter group Phenix Jet has achieved what it says is the first-ever temporary registration for a business aircraft in the Asia-Pacific region. The registration of a Bombardier Challenger 850 through the Civil Aviation Authority of the Cayman Islands (CAACI) was processed while the jet was at Singapore Seletar Airport (WSSL) and took five business days.

A transition registration allows an aircraft to legally operate globally during the course of the transaction and before it is relocated to its new operating base. Phenix Jet—which has operations in Japan, Guam, Hong Kong, and Singapore, as well as a division in the Cayman Islands—said this approach reduces delays in deals getting closed. It also gives greater flexibility about where the aircraft is delivered and ensures that an adequate export certificate of airworthiness is in place for regulators.