IAE Signs Deal for Ten Aircraft
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Intercontinental Aviation Enterprise FZ-LLC (IAE), the aviation holding company behind Intercontinental Aviation Academies (IAA), signed a Memorandum of Understanding (MoU) with Diamond Aircraft Industries GmbH to acquire ten new training aircraft. The agreement supports IAE’s expansion of pilot-training operations in the UAE, Cyprus, Greece, and Portugal.
Under the MoU, IAE plans to purchase eight DA40 NG and two DA42-VI aircraft, configured for both A6 (UAE) and EASA registrations. This dual-registration approach supports standardised fleet operations across all training locations.
The initial delivery batch, including six DA40 NG and one DA42-VI, is scheduled for 2026, with specific delivery months to be agreed from Q2 2026. The acquisition also includes maintenance training, instructor familiarisation, documentation support, and spare parts provisioning to ensure operational readiness.
The first aircraft from this order are expected to arrive in the UAE alongside the start of initial IAA pilot batches entering their flight-training phase.
