New Zealand Aeronautical Trusts Limited exists to encourage young people to achieve excellence in the field of aviation and Ian Diamond was a long standing supporter and one time Director of the Trust Company. Upon his passing, the New Zealand Aeronautical Trust determined to establish a trust fund which would memorialise his memory and facilitate some of his passionate ideas in terms of young people.
-The award(s) shall be made to young New Zealanders engaged in aviation engineering, in the broadest sense of the meaning – i.e. from any airline, RNZAF, helicopters or any sector of the aviation industry. -Candidates will have completed apprentice type training with merit performance and will be seeking additional education via a course of learning which will advance their careers in aviation. -The Scholarship will be awarded on the basis of academic merit and consideration will also be given to evidence of the applicant’s aviation experience and referees reports.