Azorra announced today that it had signed purchase agreements for the acquisition of 11 Embraer E-Jet aircraft leased to four airlines. All 11 aircraft were formerly owned by Nordic Aviation Capital and are in addition to the recently completed purchase of a 37 aircraft portfolio.
“This acquisition further diversifies our growing portfolio and is weighted towards E195s, where we see healthy near-term demand and longer-term potential for freighter conversions” said John Evans, Azorra’s CEO. It also expands existing, valued relationships with airlines that Azorra’s team has worked with for many years.”
Upon closing, Azorra will own and manage 71 aircraft on lease to 19 airlines in 15 countries. Azorra also has commitments to purchase 49 additional 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 27, 2022
Designed by Jacquelyn Brink
Copyright 2024 - Azorra Aviation Holdings, LLC
+1 (954) 332 9776
25 Earlsfort Terrace,
Dublin D2, D02 PX51 Ireland
201 East Las Olas Boulevard,
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.