De Havilland Aircraft of Canada Limited has announced that Island Aviation, Inc. has signed a firm purchase agreement to acquire two new Twin Otter Series 400 aircraft. Founded in 2003 as A. Soriano Aviation, Inc., Island Aviation is a charter airline based in the Philippines.

Island Aviation, Inc. (IAI) formerly A. Soriano Aviation, Inc. is an Air Charter company operating in the Philippines with Air Operator Certificate No. AOC # 2009009 issued by the Civil Aviation Authority of the Philippines.

The airline currently operates Dornier 228 aircraft.