On the same day that the government passed legislation to modernize the nation’s aviation regime, The Bahamas was added to a leading United States aircraft sales organization’s territory.
Premier Aircraft Sales – which services 43 percent of the North American customer base of Diamond Aircraft Industries, a Chinese-owned manufacturer of general aviation aircraft and motor gliders, based in Austria – yesterday announced that it was chosen to exclusively sell Diamond aircraft in The Bahamas.
It’s an added attraction in The Bahamas more for high-end financial services clients and wealthy second-home owners.
In a statement, Premier Aircraft Sales President Travis Peffer said The Bahamas has been a longtime favorite destination of general aviation pilots.
“We’ve supported Bahamian customers with aircraft service for more than a decade, so this expansion creates even greater synergies between our sales and service operations,” he said.
Chief Executive Officer of Diamond Aircraft Industries Scott McFadzean added, “Southern Florida has always been a gateway to The Bahamas and having Premier Aircraft represent sales and service in this region is a natural fit.
“Private aviation continues to gain momentum and the twin-engine DA62 or new single engine DA50RG, coming to the North American market in early 2022, are the perfect aircraft to take full advantage of the Caribbean. We are confident Premier will excel in this market.”
The government has made growing the country’s aircraft registry to capitalize on the aviation sector’s contribution to the financial services sector a priority, however, critical regulatory and legislative changes have been lacking as The Bahamas maintains a 32 percent score with the International Civil Aviation Organization (ICAO).
In response to the score, Minister of Tourism and Aviation Dionisio D’Aguilar tabled the Bahamas Air Navigation Services Authority Bill, 2021; the Civil Aviation Bill, 2021 and the Civil Aviation Authority Bahamas Bill, 2021 – which were passed in the Senate yesterday.
D’Aguilar said the bills could help the country benefit from the lucrative multibillion-dollar aircraft registry industry in a way similar to the way it benefits from the shipping registry.
Premier Aircraft Sales boasts 180 years of experience in aviation, having sold more than 1,800 aircraft.
Its current inventory includes Mooney, Diamond, Piper, Cessna, Cirrus, Beechcraft and other turboprop jet aircraft.