New Horizon Aircraft Ltd.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of the

Securities Exchange Act of 1934

(Amendment No. )

Check the appropriate box:

(Name of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check the appropriate box):

NOTICE OF ANNUAL MEETING OF SHAREHOLDERS

TO BE HELD ONTUESDAY, NOVEMBER 24, 2026 AT 10:00 A.M. EASTERN TIME

To the Shareholders of New Horizon Aircraft Ltd.:

The annual meeting of shareholders (the “Annual Meeting”) of New Horizon Aircraft Ltd. (the “Company”) will be held exclusively online via the Internet on Tuesday, November 24, 2026, at 10:00 a.m. Eastern Time. The purposes of the meeting are:

1. To receive the audited consolidated financial statements of the Company for the fiscal year ended May 31, 2026 (with comparative statements relating to the preceding fiscal period) together with the reports of the auditors thereon;

2. To elect one Class III director (Proposal 1);

3. To appoint MNP LLP as our auditor and independent registered public accounting firm for the fiscal year ending May 31, 2027 at a remuneration to be fixed by the directors (Proposal 2); and

4. To transact such other business as may properly come before the Annual Meeting or any adjournments or postponements thereof.

Our board of directors (the “Board”) has fixed the close of business on October 15, 2026, as the record date (the “record date”) for determining holders of our Class A ordinary shares, without par value (the “Class A Ordinary Shares”) entitled to notice of, and to vote at, the Annual Meeting or any adjournments or postponements thereof. On the record date, there were 67,123,941 Class A Ordinary Shares issued and outstanding.

The accompanying proxy statement for the Annual Meeting (the “Proxy Statement”) contains important information about the Annual Meeting and each of the proposals. The Proxy Statement for the Annual Meeting is dated October 26, 2026, and is being distributed or made available to shareholders on or about that date.

The Annual Meeting will be presented exclusively online athttps://www.cstproxy.com/newhorizonaircraft/2026. You will be able to attend the Annual Meeting online, vote your shares electronically and submit your questions to management during the Annual Meeting by visiting https://www.cstproxy.com/newhorizonaircraft/2026 and entering the 12-digit control number received with your proxy card.

Your vote is important. Whether or not you plan to attend the virtual Annual Meeting, please vote by telephone or over the Internet, or by completing, signing, dating and returning your proxy card or voting instruction form so that your shares will be represented at the Annual Meeting. Instructions for voting are described in the Proxy Statement and the proxy card.

IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON TUESDAY, NOVEMBER 24, 2026: The Company’s Notice of Annual Meeting of Shareholders, Proxy Statement and Annual Report on Form 10-K for the fiscal year ended May 31, 2026 are available atwww.proxyvote.com.

NEW HORIZON AIRCRAFT LTD.

Proxy Statement

For the Annual Meeting of Shareholders

To Be Held on Tuesday, November 24, 2026