40 momentous Martyn Fiddler moments in 4 minutes

23 Oct 2024

As Martyn Fiddler reaches its 40^th birthday, we wanted to celebrate the achievements of our colleagues, industry friends and business aviation. So here are our 40 momentous moments from 40 years of Martyn Fiddler history, in a 4-minute easy read!

1984 – IFA Administration Limited (the entity which would become Martyn Fiddler Limited) is incorporated in the Isle of Man on 26 October 1984.

1985 – The maiden flight of the Gulfstream GIV takes place on 19 September 1985.

1986 – NetJets launches the revolutionary concept of shared business jet ownership whereby a client can buy a share of an aircraft.

1989 – IFA Administration Limited changes its name to Inter-Continental Management Limited (aka ICM) and would carry this name for the next 34 years.

1991 – The first Cessna CitationJet (CJ) is flown on 29 April 1991.

1995 – The all-new Learjet 45 is flown for the first time on 7 October 1995.

1996 – The transition away from the 1971 Statements of Standard Accounting Practices (SSAPS) towards Financial Reporting Standards (FRS) began.

1997 – To celebrate its 50^th anniversary, the National Business Aircraft Association became the National Business Aviation Association (NBAA).

2000 – The Corporate Services Providers Act 2000 is enacted in the Isle of Man – this required licencing of providers of corporate service for the first time.

2001 – ICM receives its Corporate Service Provider licence on 14 December 2001.

2001 – EBACE is held for the first time in Geneva.

2002 – Martyn Fiddler team attend EBACE for the first time.

2002 – Martyn Fiddler Associates imports its 500^th aircraft.

2003 – EASA (European Union Aviation Safety Agency) becomes fully operational – it was formed from the states making up the joint aviation authorities (JAA) in Europe.

2003 – Martyn Fiddler exhibit at EBACE for the first time – 2 chairs and a pull up banner!

2003 – Concord retires.

2005 – Fiduciary Services Act 2005 introduced to include trust providers as regulated entities in the Isle of Man.

2006 – Martyn Fiddler Associates Limited is acquired by ICM Aviation on 12 January 2006.

2006 – Isle of Man introduces the 0% corporate rate of tax.

2007 – Martyn Fiddler Associates imports its 1,000^th aircraft.

2007 – The Isle of Man Aircraft Registry was launched on 1 May 2007 and exceeded its target registrations in just 6 months.

2008 – The Financial Services Act replaces all previous corporate services regulations in the Isle of Man.

2008 – The ICM Group is incorporated to hold all other ICM and Martyn Fiddler business entities.

2010 – Customs rules to change in UK for aircraft imports over 8,000kgs.

2011 – Launch of Martyn Fiddler Tax.

2011 – First Isle of Man Aviation Conference.

2013 – Incorporation of Martyn Fiddler Netherlands.

2013 – Martyn Fiddler start performing Air Passenger Duty (APD) services for clients.

2014 – We move into our new headquarters at North Quay on the Isle of Man.

2014 – First aircraft imported into the Netherlands using Martyn Fiddler fiscal representation.

2015 – All prior accounting standards swept away to make way for the new Financial Reporting Standard 102 (FRS 10).

2016 – New Union Customs Code launched.

2016 – The UK votes for Brexit.

2017 – Rebrand of the ICM Aviation to become Martyn Fiddler Aviation.

2018 – Martyn Fiddler Customs Services gets accredited AEO (Authorised Economic Operator) status.

2019 – Launch of Martyn Fiddler Ireland with the opening of a new office in Shannon.

2021 – The UK and EU customs and tax territories split from 1 January 2021.

2022 – The Isle of Man Aviation Conference holds its 10^th anniversary celebrations on its 12^th year as a result of the global pandemic.

2023 – Martyn Fiddler launch the Deal Centre with Biggin Hill Airport.

2024 – Martyn Fiddler has processed over $22.6 Billion worth of aircraft through a variety of customs processes in the EU and UK.

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