Fort Lauderdale, Florida, USA – 24 January 2022
Azorra has signed an agreement with Embraer to acquire 20 new E2 family aircraft, plus a further 30 purchase rights. This flexible deal enables Azorra to acquire E190-E2 or E195-E2 aircraft. At list prices, the order is valued at USD 3.9 billion. Azorra is a Florida-based aircraft leasing company specializing in executive, regional and crossover aircraft. Deliveries will begin in 2023, adding a further 20 Embraer aircraft to the 21 already in Azorra’s existing and committed portfolio.
Arjan Meijer, CEO of Embraer Commercial Aviation, said, “We thank Azorra again for their selection of the E2, after recently completing a sale leaseback transaction with Porter Airlines for five new E195-E2 aircraft. Azorra offers an exciting and innovative approach to the market, with a fierce focus on customer needs that align solidly with Embraer’s deserved reputation for outstanding customer care. With this order for 20 E2 aircraft, Azorra have further endorsed the exceptional value that the next-generation E2 family brings to the market as the most quiet and fuel-efficient aircraft in the segment.”
“Our team has a long and productive history with Embraer. At Jetscape, we were the first independent lessor to commit to Embraer’s E-Jet program in December 2007, which saw E-Jets establish a global customer base of more than 80 operators. Azorra’s first new aircraft was a Phenom 300 acquired from Embraer in December 2016. We are excited about this new chapter in our longstanding partnership with Embraer,” said John Evans, Azorra’s CEO. “This commitment underscores our belief in the E2; a modern aircraft family with superior economics and environmental performance, providing Azorra with a compelling opportunity to build a position of leadership in the markets we serve.”
Azorra is a relationship-driven commercial aircraft lessor providing lease, financing, and asset management solutions with a focus on regional, crossover and small narrowbody aircraft. Azorra’s team is led by industry veterans with a shared history of success and the financial backing of Oaktree Capital Management. The company is headquartered in Fort Lauderdale, Florida and has an office in Dublin, Ireland.
Azorra Aviation Holdings, LLC
350 SW 34th Street
Fort Lauderdale, FL 33315
January 24, 2022
Design by Jacquelyn Brink
Copyright 2022 - Azorra Aviation Holdings, LLC
+1 (954) 332 9776
77 Sir John Rodgerson Quay
Grand Canal Docklands
Dublin D02 VK60
201 East las Olas, Suite 2250
Fort Lauderdale, FL 33301
Azorra is a relationship-driven commercial aircraft lessor, providing lease, financing, and asset management solutions with a focus on regional, crossover and small narrowbody aircraft. Azorra’s management team, with more than 25 years of experience on average, is led by industry veterans with a proven track record and a wealth of experience in aircraft leasing.