I hit the same problem when i follow the same step below
1. create blank vm
2. inside creating VM wizard - installer disc image i point to AMP.iso
3. Power on this virtual hardware after creation
4. hit the same error
I able to install airwave if i did not choose disc image when i creating the VM
1. create blank vm
2. inside creating VM wizard - choose i will install the os later
after the Blank VM is created then i load the ISO into the cd drive
now airwave can install as normal