Course prices and fees

Our training is offered at competitive prices without compromising on quality. Iceland has a long aviation tradition which continues to play a major part in the country’s infrastructure. This has created a very favorable climate for airlines and flight schools, and the fees for acquiring and holding a licence are generally lower than other countries. Moreover, there are no landing fees, which combined with our very fuel-efficient aircraft, means that we can offer a very competitive price.

Prices listed in a foreign currency (other than Icelandic krona) are subject to rate of exchange. They are listed as a frame of reference in accordance with the Icelandic Central Banks central rate of exchange which varies daily. Further information regarding currency conversion can be found here

All amounts are reviewed annually based on index development and other factors that affect the school's operations. Figures and dates are subject to error. Updated in October 2020.

  • General Price List

    Aircraft Rental (per hour)  
    DA20 Eclipse or Tecnam P2002-JF ISK 24.900
    DA40 TDI ISK 31.900
    DA42 NG or PA44 ISK 68.500
    Diamond DSIM og ALSIM (ALX MEP) ISK 20.700
    ALSIM ALS (MJET) ISK 23.700 
       
    Flight Instructor (per hour)  
    PPL(A) ISK 7.700
    CPL(A) ISK 8.500
    CPL(A) ME ISK 9.200
    SEP(A) ISK 8.500
    MEP(A)  ISK 9.200
    IR(A) ISK 9.200
    FI(A)  ISK 9.200
       
    ICAO English Language Proficiency Assessment   
    ICAO LPA ISK 22.000
       
    Theoretical exams  
    First exam attempt according to exam schedule is included in the tuition fee ISK 0
    Retake exam ISK 6.000
       
    Additional fees for paying with debit and credit cards 
    Additional fee when paying with American Express  2.9%
    Additional fee for other debit and credit cards 1.7%
  • Integrated Professional Pilot Program (IATPL)

    Full price for the Integrated Professional Pilot Program at Iceland Aviation Academy: ISK 10.790.000

    We are approved for governmental student financial support in Iceland (LÍN), Denmark (SU) and Sweden (CSN).
     
    Included in the course price:
    • All necessary study materials
    • ATPL coursebooks from OAA - Oxford Aviation Academy
    • Access to the schools learning management system and OAA
    • All necessary supplies for theoretical learning (Plotter, flight navigation computer, Jeppesen journey logbook and more)
    • Shirt, tie and epaulettes
    • Theoretical tests according to the syllabus excluding the following.

    Not included in the course price:

    • Re-examination or test delay - see the schools price list
    • Examination fees for ICETRA theoretical examinations
    • Medical screening by an aviation doctor
    • Examination fees for ICETRA practical examinations
    • ICETRA application and licence fees.
  • Private Pilot Licence (PPL)

    Courses for the Private Pilot License at Iceland Aviation Academy are split in two, theoretical and practical
     
    Theoretical studies: ISK 285.000

    Theoretical studies include all courses and study materials, access to the schools learning management system and OAA along with all necessary supplies for theoretical learning (plotter, flight navigation computer, Jeppesen journey logbook and more). Examination fees for ICETRA theoretical examinations are not included.

    Practical studies: Price based on flight hours

    The practical portion includes a minimum 45 hours of flight training in a DA-20-C1 or Technam P2002-JF, along with appropriate instruction and study materials. Students pay for aircraft rental and instructor hours according to the schools price list at each time. Examination fees for ICETRA practical examinations and aircraft rental for ICETRA practical examination not included. 

    Private Pilot Package: ISK 1.690.000

    All practical studies and 45 hours of flight training in a DA-20-C1 eða Technam P2002-JF along with appropriate instruction and study materials included. The price for the Private Pilot Package is based on the use of the above listed aircraft. Examination fees for ICETRA practical and theoretical examinations and aircraft rental for ICETRA practical examination not included.

  • Flight Instructor Certificate

    • FI - Flight Instructor (A)

      The price for the Flight Instructor course is ISK 1.250.000

    • IRI - Instrument Rating Instructor certificate

      The full price of the IRI course is ISK 435.000 for candidates not holding an FI licence.

      The price for holders of an FI(A) depends on previous experience, reducing the price to as low as ISK 220.000

      Additional crediting options are available

    • Flight Instructor Refresher Seminar

  • Multi-Crew Cooperation (MCC/JOC)

    • MCC - Multi-crew Cooperation: ISK 500.000
    • JOC - Jet Orientation Course: ISK 400.000
    • Combined MCC & JOC: ISK 800.000
    • APS MCC Platinum: ISK 1.390.000
    • APS MCC Gold: ISK 1.100.000
    • APS MCC Bronze: ISK 900.000
  • Rating renewal & revalidation

    MEP/IR Revalidation
    Type   Hours required   Price
    DA42 NG aircraft rental for proficiency check   2    € 838 
             
    Price: € 838        
             
    MEP/IR Renewal
    Type   Hours required   Price
    DA42 NG   1,5   € 629 
    Flight instructor   2   € 100 
    DA42 NG aircraft rental for skill test   2   € 838 
             
    Price: € 1.567        

     

    Above rates are for flight instruction and/or aircraft rental, note that all examination fees are paid directly to the examiner. The stated hours are minimum required hours, if more hours are needed this will be paid separately according to current rate list. If your licence is issued in another EASA member state than Iceland check for any local regulations, examiner requirements and time frames with your state of licence issue. 

  • Introductory Flight Lesson

    Experience the unforgettable feeling of soaring across the sky with an Introductory Flying Lesson gift certificate from Keilir. For further information about our Introductory Flight Lessons and to register just click here.

    • Two seater aircraft: ISK 9.500
    • Four seater aircraft: ISK 18.990