diff --git a/airflow/models/errors.py b/airflow/models/errors.py
index f891b03d67a15..403b0cd018a42 100644
--- a/airflow/models/errors.py
+++ b/airflow/models/errors.py
@@ -17,11 +17,8 @@
 # under the License.
 from __future__ import annotations
 
-import warnings
-
 from sqlalchemy import Column, Integer, String, Text
 
-from airflow.exceptions import RemovedInAirflow3Warning
 from airflow.models.base import Base
 from airflow.utils.sqlalchemy import UtcDateTime
 
@@ -35,17 +32,3 @@ class ParseImportError(Base):
     filename = Column(String(1024))
     stacktrace = Column(Text)
     processor_subdir = Column(String(2000), nullable=True)
-
-
-def __getattr__(name: str):
-    # PEP-562: Lazy loaded attributes on python modules
-    if name == "ImportError":
-        warnings.warn(
-            f"Model class '{__name__}.ImportError' is deprecated due to shadowing with builtin exception "
-            f"ImportError and will be removed in the future. "
-            f"Please consider to use '{__name__}.ParseImportError' instead.",
-            RemovedInAirflow3Warning,
-            stacklevel=2,
-        )
-        return ParseImportError
-    raise AttributeError(f"module {__name__} has no attribute {name}")
diff --git a/newsfragments/41779.significant.rst b/newsfragments/41779.significant.rst
new file mode 100644
index 0000000000000..f25e0c9080a5a
--- /dev/null
+++ b/newsfragments/41779.significant.rst
@@ -0,0 +1 @@
+Remove deprecated support for ``airflow.models.errors.ImportError`` which has been renamed to ``ParseImportError``.
diff --git a/tests/test_utils/compat.py b/tests/test_utils/compat.py
index b5e876a626add..b09973903b4e2 100644
--- a/tests/test_utils/compat.py
+++ b/tests/test_utils/compat.py
@@ -36,7 +36,7 @@
     # all providers are updated to airflow 2.10+.
     from airflow.models.errors import ParseImportError
 except ImportError:
-    from airflow.models.errors import ImportError as ParseImportError  # type: ignore[no-redef]
+    from airflow.models.errors import ImportError as ParseImportError  # type: ignore[no-redef,attr-defined]
 
 
 from airflow import __version__ as airflow_version