Fort Lauderdale, Florida, USA – June 5, 2022
Azorra recently completed the acquisition of a 37 aircraft portfolio formerly owned by Nordic Aviation Capital (NAC). The portfolio is comprised of 29 Embraer E-Jets and eight ATR and Q400 turboprops leased to 13 different airlines worldwide. The aircraft are financed by a lender group led by BNP Paribas.
“We are thrilled to add these aircraft to Azorra’s growing portfolio, while expanding and diversifying our customer base,” said John Evans, CEO of Azorra. “These aircraft are ideally suited for today’s market dynamics and are leased to well-known airlines around the world. Azorra’s management team has a long and successful history with BNP Paribas and originated a majority of these leases prior to the sale of Jetscape to NAC. We were pleased to work with BNP Paribas and its lender group on this transaction.”
“We recognize in Azorra a strong leasing platform in the regional aircraft market and a trusted partner who stood by us while we navigated with our lender partners a complex environment and process,” said Bertrand Dehouck, Head of Transportation Capital Markets, Global Banking for BNP Paribas. “This 37 aircraft portfolio is in good hands, and we are pleased it contributes to scale up Azorra’s business!”
Azorra currently owns and manages 60 aircraft on lease to 18 airlines in 15 countries and has commitments to purchase 49 aircraft and spare engines including 42 new Airbus A220/ACJ220 and Embraer E2 aircraft.
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 has the financial backing of funds managed by Oaktree Capital Management, L.P. 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
June 5, 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.