It has been hailed as the conference with the ‘personal touch’.
The fourth Isle of Man Aviation Conference was also judged as ‘probably our best yet’ - that was the opinion of many of the delegates’ according to Mark Byrne, director of the ICM Group.
It was Mr Byrne who had the original idea to hold such as event in the island.
As the latest event drew to a close, planning was already started for the next one. Conference delegates were asked to save the date of the 2015 event - Thursday, June 25.
This year’s conference attracted 135 delegates to the Villa Marina.
Mr Byrne said: ‘This year’s conference was probably our best yet – that was the opinion of many of the delegates.
‘While the number attending from off island was impressive , more than 60, it was their quality that stood out, with senior representatives from banks including Credit Suisse, CIT and UBS, aircraft management companies such as TAG and Jet Aviation, and lawyers from a number of jurisdictions including the US, UK, France and Switzerland.
‘Many of our delegates are loyal supporters of this conference and return year on year. One of this year's high profile speakers told me that he is invited to so many conferences that he has to be selective, but that he would certainly come back to ours.
‘We have a good reputation for staging a high quality event, with thought provoking and interesting speakers and subject matters.’
Mr Byrne said organisers were grateful for the support of the Isle of Man Aircraft Registry ‘which underpins the industry on the island’.
Treasury Minister Eddie Teare was thanked for opening the conference at short notice.
Mr Byrne said: ‘Support from the Registry, and other Government departments, ensures the island rises above the competition.’
The format of the 2014 conference included three discussion panels, bringing together experts from across the business aviation industry.
Heather Gordon, the ICM Group's legal counsel, who specialises in business aviation, was instrumental in putting the panels together.
She said: ‘Our delegate profile is very diverse so it was important that the programme reflected that. We had some very good presentations from high profile speakers but I think including panels varied the rhythm of the event.
‘The subjects covered were finance, regulation and legal. By having panel sessions, we could hear a number of opinions on specific issues such as financing old aircraft and FATCA, in quite a short time.
‘There are some quite controversial issues with regards to legislation at the moment which made for some good discussion. Definitely a format to be repeated next year.’
The ICM Aviation team hosts several networking events before and after the conference, based on delegate feedback. Martin Kennaugh, head of aviation services for ICM Aviation, said: ‘I think people like the personal touch.
‘ICM Aviation is not an events company, but a corporate services provider that focuses on ownership and VAT solutions for the business aviation industry.
‘Our motive for organising the conference is to capitalise on our large network of contacts to provide a platform for discussion, showcase the island as a business friendly jurisdiction and support the work of the Isle of Man Aircraft Registry.
‘It just so happens that we have an experienced team of organisers, the ability to attract great speakers, a fantastic venue - the Royal Hall never fails to impress - and this year fabulous weather.
‘ICM is well known for being gregarious and putting on a good party – and we like to make the whole event memorable for our guests.
‘That is why they keep coming back’.