THE Isle of Man Aircraft Registry has the fastest growing offshore register in the world.
It now has over 300 aircraft registered since it was established on May 1, 2007.
Brian Johnson, director of civil aviation, said: "Many of the aircraft registered with us belong to some of the most successful companies in the world.
"For several of them this represents the first time that they have encountered the Isle of Man in a business context which has enabled us to highlight the many benefits of doing business here.
"We are confident that 2011 will be another successful year with a further 11 new private and corporate jets already planned for registration."
The growth in the register has occurred despite the current global economic climate and at a pace which continues to exceed expectations.
Minister for Economic Development Allan Bell MHK said: "The continuing success of the register demonstrates the strength in the partnerships that exist between the team at the Aircraft Registry and those in the private sector involved in aviation.
"The dynamic and business-friendly approach within the sector typifies the broader advantages of the Isle of Man as an international business centre.
"I wish to congratulate both Brian Johnson and his team, and those in industry, who work so hard to deliver truly world class service to their clients."