Intercontinental Aviation Enterprise Signs with Diamond Aircraft for 10 New Training Aircraft

Dubai, UAE – November 2025 – Intercontinental Aviation Enterprise FZ-LLC (IAE), the aviation holding company behind the Intercontinental Aviation Academies (FlyIAA), announced today the signing of a Memorandum of Understanding (MoU) with Diamond Aircraft Industries GmbH for the acquisition of 10 new Diamond training aircraft. The agreement strengthens IAE’s commitment to expanding its global pilot-training capacity across the UAE, Cyprus, Greece, and Portugal.

Under the MoU, IAE intends to purchase eight DA40 NG and two DA42-VI aircraft, configured for both A6 (UAE) and EASA registrations. This dual-registration strategy supports IAE’s multi-country training ecosystem and ensures standardised fleet operations across all bases.

The initial delivery batch—consisting of six DA40 NG and one DA42-VI—is planned for 2026, with delivery months to be mutually agreed from Q2 2026.

Strategic Impact

This acquisition will reinforce IAE’s transition toward a modern, fuel-efficient, and standardised training fleet, supporting its rapid operational growth and increasing demand from international cadets. The collaboration also includes maintenance training, instructor familiarisation, documentation support, and spare parts provisioning to ensure full operational readiness.

Capt. Wissam Mehyou, CEO of Intercontinental Aviation Enterprise, commented:

“This agreement marks another milestone in our expansion strategy. Diamond Aircraft’s modern fleet supports our commitment to delivering safe, efficient, and globally standardised pilot training across all our bases. With demand accelerating, this partnership enables us to scale with confidence.”

Anton Chirkovski, Head of Civil Aircraft Sales at Diamond Aircraft, added:

“We are delighted to support IAE’s growth with our DA40 and DA42 platforms. Their multi-base training model aligns perfectly with our aircraft’s capabilities, efficiency, and safety profile. We look forward to advancing this partnership through the final Purchase Agreement.”

The first aircraft from this order are expected to arrive in the United Arab Emirates, coinciding with the start of the initial IAA pilot batches entering their flight-training phase.