International registry of mobile assets
A joint venture between SITA and the Irish Government, Aviareto holds the contract with the International Civil Aviation Authority (ICAO) to operate the International Registry of Mobile Assets, which is used to record financial interests in airframes, aircraft engines, and helicopters.
The basis for the International Registry of Mobile Assets is the Cape Town Treaty, an international treaty adopted in 2001 by ICAO and UNIDROIT. This treaty facilitates financing, leasing, and sale of aircraft, engines, and helicopters, including through the electronic registration of financial interests in one global registry.
To date, more than 77 countries have ratified the treaty, with more expected to do so over the next few years. Aviareto has operated the registry since 2006.