Azorra Leases Six New E2s to Royal Jordanian Airlines

Fort Lauderdale, Florida, USA – May 18, 2023

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Azorra Leases New E2s

Azorra is pleased to announce that it has signed lease agreements with Royal Jordanian Airlines for four E190-E2 and two E195-E2 aircraft. The aircraft are from Azorra’s Embraer E2 orderbook and are scheduled to start delivering by the end of 2023.

“We are delighted to welcome Royal Jordanian as Azorra’s newest E2 customer, continuing our team’s longstanding relationship with the airline that began with a single Embraer E175 well over a decade ago. Royal Jordanian’s selection of the E2 underscores our belief that it is a natural next step for existing E1 operators, providing next generation economic and environmental efficiencies, while maintaining the familiarity and dependability offered by Embraer” said John Evans, Azorra’s Chief Executive Officer.

Samer Majali, Vice Chairman and CEO of Royal Jordanian Airlines, said: “Following extensive feasibility studies, RJ selected Embraer’s E2 as the best fit for its financial objectives and network strategy. RJ has been operating Embraer aircraft for 15 years, and the E2 reduces the investment cost of pilot training and spare parts provisioning significantly, whilst also lowering crew scheduling and maintenance costs. The aircraft also provides 25% fuel savings compared to current aircraft, resulting in operating cost savings as well as significant carbon emissions reductions supporting the airline’s environmental strategy and targets. We are also pleased to once again work with the Azorra team. We appreciate their confidence in RJ and the E2.”

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About Azorra

Azorra is a relationship-driven aircraft lessor that provides leasing, financing, fleet transition and asset management solutions to aircraft investors, financiers and airline operators worldwide. Azorra’s multi-cultural team reflects the global markets that we serve and includes core competencies in aviation law, aircraft finance, maintenance, marketing, sales and leasing. Our team is led by seasoned veterans having a shared history of success and is complimented with young professionals that bring fresh perspective, ideas and enthusiasm. Azorra currently owns and manages a fleet of 77 aircraft on lease to 24 operators in 19 countries on 5 continents and has commitments to acquire additional aircraft including orders for new Airbus A220s and Embraer E2s. The company is headquartered in Fort Lauderdale, Florida with offices in Dublin, Ireland and Toulouse, France.

For additional information, please visit us at www.azorra.com or on LinkedIn.