Ikaros

What Ikaros does

Ikaros Aviation Training Center is a Cyprus-headquartered, EASA Part-147 approved maintenance training organization (Approval CY.147.001) founded in January 2013 by George Poumos, a veteran aircraft engineer. The company delivers aircraft maintenance license and type-rating training across more than 16 countries, using a hybrid model that combines Synchronous Distance Learning (SDL) for theory with on-site practical training on actual aircraft. Its core products are: (1) EASA Part-66 basic license training across categories A1–B2, including a 3-year full-time B1.1/B2 course; (2) type-rating training on Airbus (A320 CEO/NEO, A330, A340), Boeing (B737CL/NG/MAX), ATR, Bombardier, Embraer, and AW139 helicopter platforms; (3) modular Part-66 examinations administered at exam stations in Cyprus, Greece, Lebanon, Jordan, Pakistan, Colombia, Peru, Trinidad & Tobago, and Spain; (4) general/refresher courses covering Human Factors, EWIS, FTS, ETOPS, and Part M/21/66/145/147/965 regulations; and (5) an e-learning platform launched in 2024. A 2024 sub-brand, IKAROS Atlantis Flight Center, extends into EASA Private Pilot Licence (PPL) training at €13,500 per student.

Ikaros serves individual trainees — from high-school graduates to working technicians seeking license conversion or type ratings — and reports 19,000+ modular exams and 2,000+ type trainees cumulatively. Its go-to-market is direct-to-consumer through the website, email, and phone, augmented by a network of 12+ regional training partners (AECAT, MASCO, TAT, Eastwing, AAA, UTT, Aviation Training Hub) that host exams and refer candidates. Revenue comes from course fees, modular exam fees, and (since 2025) authorized Snap-on industrial tool distribution in Cyprus. Credentials issued under IKAROS's EASA approval are recognized by UK CAA, Greek HCAA, Irish IAA, French DGCA, Maltese CAD, Jordanian CARC, Mauritius CAD, and Pakistan CAA, supporting placement of graduates at airlines and MROs including British Airways, Lufthansa Technic, Ryanair, Aegean Airlines, and Joramco.

The business is founder-owned and self-funded, with no disclosed institutional investment. The company is led by George Poumos (CEO & Accountable Manager), supported by country managers in Malta, Lebanon, and Jordan, and functional heads for full-time courses, planning, examinations, quality, and training. Adjacent group entities include ASI (Aviation Services IKAROS, CY.CAMO.007), a continuing airworthiness management organization formed in 2023, and CAS (Cyprus Aerotechnical Services, CY.145.006), in which Poumos is a shareholder and Vice Chairman. A November 2025 non-EU student visa approval and a March 2026 MoU with the University of Trinidad & Tobago indicate the company is actively expanding its addressable student pool beyond Europe.

Name

Ikaros

Legal name

Ikaros Aviation Training

Website

https://ikaros147.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Ikaros Aviation Training Center is a Cyprus-based, EASA Part-147 approved organization delivering aircraft maintenance license and type-rating training to individual trainees across 16+ countries via a hybrid SDL plus on-site practical model, with graduates placed at major airlines and MROs worldwide.

Ownership category

akta.pro rank

Product category

Aviation Maintenance Training

NAICS

Technical and Trade Schools (6115), Flight Training (611512), Educational Support Services (611710)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Regulatory, Compliance & Type Training (FAA/EASA/ICAO, Part 147/145) (EDAOAFAN)

akta.pro secondary industry

Aircraft Inspection, Quality Assurance & Airworthiness (IA Prep) (EDAOAFAE)

Keywords

• Aircraft maintenance training
• EASA Part 147
• Aviation type rating
• EASA Part 66 license
• Pilot license training

Headquarters

HQ city

Nicosia

HQ country

Cyprus

HQ region

Europe

Offices7 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Training and Examination Services: IKAROS generates revenue through course fees for basic license training, type rating courses, modular exam fees, and general/refresher courses. Programs include full-time 3-year basic courses, short modular courses (2 months to 1 year), and type-specific training. Payment options include discounts for early prepayment. The organization also conducts open day modular exams at various international locations.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels9 records

Core offering

IKAROS is an EASA Part-147 approved aviation training organization (Approval CY.147.001) headquartered in Cyprus, providing EASA Part-66 basic license training, aircraft type rating courses, modular examinations, and recurrent/general aviation training through a hybrid delivery model combining Synchronous Distance Learning (SDL) with on-site practical training on actual aircraft. The organization also operates IKAROS ATLANTIS Flight Center (CY.DTO.012) for EASA Private Pilot Licence (PPL) training and an e-learning platform.

Product overview

IKAROS is an EASA Part-147 approved aviation training organization (Approval CY.147.001) providing comprehensive aircraft maintenance and pilot training. The company operates a multi-product portfolio comprising: (1) Basic License Training for EASA Part 66 categories A1-B2, (2) Aircraft Type Training for over 20 aircraft types including Airbus, Boeing, ATR, Bombardier, Embraer, and AW139 helicopter, (3) How to Gain Your License pathway programs with full-time or modular options, (4) Modular Exams conducted globally at 8+ countries, (5) General Courses covering regulatory, safety, and technical topics, (6) E-Learning Platform for online training, and (7) IKAROS ATLANTIS Flight Center (CY.DTO.012) providing EASA PPL pilot training. The company was established in January 2013 and has expanded to over 16 countries with 19,000+ modular exams administered and 2,500+ type trainees trained.

Differentiator

Problem solved

Functional benefit

Brands

• IKAROS ATLANTIS FLIGHT CENTER: EASA-approved flight training center offering Private Pilot Licence (PPL) training in collaboration with Atlantis College, located at Cyprus with CY.DTO.012 approval.
• IKAROS E-Learning

Products and services

• Basic License Training EASA Part 66 basic license training for categories A1, A2, A3, A4, B1.1, B1.2, B1.3, B1.4, and B2. Designed for individuals who have graduated from high school or technical school with minimal to no prior experience in aircraft maintenance. Full-time 3-year courses and modular approaches available.
• Aircraft Type Training EASA Part 66/147 type rating training for specific aircraft including Airbus A320CEO/NEO, A330, A340; ATR 42/72; Boeing B737CL/NG/MAX; Bombardier CRJ, Challenger, DHC-8, DHC-6; Embraer EMB135/145, 170/190, Phenom 300; Learjet 35/36; and AW139 helicopter. Combines theoretical (20-45+ teaching days) and practical elements (typically 12 training days on actual aircraft).
• How to Gain Your License
• Modular Exams EASA Part-66 modular examinations conducted at multiple locations worldwide including Cyprus, Greece, Colombia, Peru, Pakistan, Spain, and Trinidad & Tobago. Open Day Modular Exams held regularly throughout the year.
• General Courses
• E-Learning Platform Online learning platform offering Safety Training (Including HF), EWIS, FTS, SMS (Safety Management System), and Regulations courses covering EASA Part 66, 147, 145, 21, CAO, and CAMO. Delivered via Synchronous Distance Learning (SDL) for theoretical components.
• IKAROS ATLANTIS Flight Center Aviation flight training facility providing EASA Private Pilot Licence (PPL) training in collaboration with ATLANTIS College (Approval CY.DTO.012). Total cost €13,500 including 45 hours flight training and 40 hours ground school covering 9 theoretical subjects. Uses Cessna 150 aircraft and advanced flight simulators.
• Open Day Modular Exams Scheduled modular examination sessions held throughout 2026 at multiple international locations including Cyprus, Greece, Colombia, Peru, Pakistan, Spain, and Trinidad & Tobago.

Quantifiable outcome

• 19,000+ modular exams delivered with licenses and endorsements issued by multiple competent authorities
• +3 more outcomes

Named customers16 records

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

14 partnerships are on record, tiered core and minor.

• AECAT - Aircraft Engineering Consultancy and Training LtdcoreStrategic or Co-development PartnerUK-based aircraft engineering consultancy and training partner. AECAT collaborates with IKAROS in providing aviation training services and referring trainees.
• MASCO - Mideast Aircraft Services CompanycoreStrategic or Co-development PartnerLebanon-based aircraft services company operating at Beirut Airport. MASCO hosts IKAROS training programs and examinations in Lebanon.
• TAT - Total Aviation TrainingcoreStrategic or Co-development PartnerJordan-based aviation training organization. TAT partners with IKAROS for training delivery in Amman, Jordan.
• Erasmus+minorStrategic or Co-development PartnerEuropean Union program supporting student mobility. IKAROS students participate in Erasmus+ mobility experiences abroad for international exposure.
• Eastwing Aviation Training CenterminorStrategic or Co-development PartnerNigeria-based aviation training partner. Eastwing collaborates with IKAROS for regional training support.
• Bosio Consulting Aviation SpecialistsminorStrategic or Co-development PartnerSpain-based aviation consulting partner providing specialist support and referrals.
• University of Trinidad & Tobago (UTT)coreStrategic or Co-development PartnerMoU signed March 6, 2026 enabling UTT Bachelor of Science in Aircraft Maintenance & Management graduates to simultaneously qualify for EASA Part 66 CAT B1.1/B2 licenses via IKAROS.
• Aviation Training Hub ATHcoreChannel Partner/ Reseller/ DistributorPartnership announced August 2025 for conducting EASA Part-66 examinations in Islamabad, Pakistan. Supports local students in Pakistan on their journey to becoming licensed aircraft engineers.
• Atlantis CollegecoreStrategic or Co-development PartnerCollaboration creating IKAROS Atlantis Flight Center for EASA Private Pilot Licence (PPL) training. Combined expertise in aviation and academia produces top-notch pilots.
• ANAD (ΑνΑΔ) - Cyprus Human Resource Development AuthorityminorOthersCyprus government body supporting human resource development in training sectors.
• CAS - Cyprus Aerotechnical ServicescoreStrategic or Co-development PartnerGeorge Poumos is shareholder and Vice Chairman. CAS offers aircraft maintenance support in Larnaca under approval number CY.145.006.
• ASI - Aviation Services IKAROScoreStrategic or Co-development PartnerFormed by George Poumos in early 2023 with approval number CY.CAMO.007. Provides CAMO (Continuing Airworthiness Management) services.
• IKAROS Personnel Agency SolutionsminorChannel Partner/ Reseller/ DistributorInternal personnel agency solution supporting trainee placement and career services.
• Snap-on ToolsminorOthersIKAROS is the authorized distributor of Snap-on Industrial Tools in Cyprus, providing aviation-grade tooling for training and commercial sales.

Scale indicators7 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• CAE: CAE provides aviation training including pilot, cabin crew, and maintenance technician programmes worldwide, including EASA-aligned courses. Comparable to IKAROS across pilot and maintenance training, with significantly greater capital and global footprint.
• Lufthansa Technik Training: Lufthansa Technik's training arm delivers EASA Part-147 basic license and type rating courses globally across Airbus, Boeing, and other platforms. It is a direct competitor to IKAROS in type and basic training, with much larger scale and parent-MRO economics.
• FlightSafety International: FlightSafety International (a Berkshire Hathaway company) operates a global network of training centres for pilots and maintenance technicians across business, commercial, and helicopter platforms. Directly comparable to IKAROS for type rating and recurrent maintenance training.
• SR Technics Training: SR Technics is a major Swiss-based MRO that also offers Part-147 maintenance training. Comparable to IKAROS in type rating and basic training offerings, with the advantage of being embedded within a large MRO network.

Direct peers

• BAA Training: BAA Training is a Lithuania-based EASA-approved training organisation offering pilot and, via partnerships, aviation training services. Comparable as a mid-sized European EASA-approved aviation training provider with international footprint similar to IKAROS.
• Atlantic Aviation Group Training: Atlantic Aviation Group is an Ireland-based Part-145 MRO with associated EASA Part-147 training. Comparable to IKAROS for European EASA-approved maintenance training, with overlap on Irish IAA approvals.
• EPST (European Pilot School & Training): EPST provides EASA-aligned pilot and aviation training across multiple European locations. Comparable to IKAROS's PPL/adjacent flight training arm and broader aviation training mission, particularly across Southern/Eastern Europe.
• Aerosim (ATR Training Services): Aerosim, linked to ATR, provides EASA Part-147 type training for ATR aircraft. Comparable to IKAROS as an EASA Part-147 type rating provider, particularly relevant given IKAROS's ATR 42/72 type training offering.

Regional players

• Egnatia Aviation: Greece-based aviation training academy offering EASA-aligned pilot and technical training. Comparable to IKAROS's Greek operations and Southern European aviation training positioning.
• Aviation Training Hub ATH: Pakistan-based aviation training organisation partnering with IKAROS since 2025 for EASA Part-66 examinations in Islamabad. Comparable as a regional aviation training provider serving South Asia, with direct partnership overlap with IKAROS.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@IkarosAviationTrainingCenter
• Facebookfacebook.com/Ikarosaviation147
• Instagraminstagram.com/ikarosaviation147/?fbclid=IwAR1-cbyqn5-cW5byeH-AR3dRKmvR3LrjR7wpzBFcKshLsZXH24i5HNh0Zkg

Compliance15 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ikaros