Fort Lauderdale, Florida, USA – November 13, 2023
Azorra announces the delivery of the first Embraer E195-E2 from its firm orderbook to Azul, the largest airline in Brazil.
The delivery was marked by a special handover at Embraer’s São José dos Campos facility, hosted by senior representatives from Azorra, Azul and Embraer.
Azorra is proud to be supporting Azul to advance its fleet transformation plan, after the airline announced it would be retiring its fleet of E195-E1 aircraft in 2022 to move forward with deliveries of second-generation E195-E2s.
Ron Baur, President of Azorra, says: “Azul and Azorra have a longstanding partnership and we are proud to deepen this relationship. This E195-E2 marks the first of three modern crossover jets we are set to deliver to Azul. We are especially pleased to be delivering the first of our 35 firm aircraft on order with Embraer to such a great airline.”
Raphael Linares, Fleet and Aircraft Programs Director of Azul, says: “Leasing crossover jets from Azorra’s expert team is enabling us to drive down unit costs and transform our operation with one of the most fuel-efficient and environmentally friendly aircraft.”
Marcelo Santiago, VP Contracts and Asset Management, Embraer Commercial Aviation, says: “The E2 will deliver considerable and growing value to Azul as the airline replaces its existing fleet of E1s. The cutting-edge engine technology makes the E2 the most efficient aircraft in the single aisle segment, with the lowest noise and fuel burn, enabling Azul to reduce trip cost while balancing its growth and sustainability goals.”
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 complemented with young professionals that bring fresh perspective, ideas and enthusiasm. Azorra currently owns and manages a fleet of 83 aircraft on lease to 24 operators in 18 countries on 5 continents around the world, with total commitments of more than 140 aircraft including orders for new Airbus A220-100/300 aircraft and Embraer E190/195-E2 aircraft. The company is headquartered in Fort Lauderdale, Florida, and has offices in Dublin, Toulouse and Seattle.
Azul S.A. (B3: AZUL4, NYSE: AZUL), the largest airline in Brazil by number of flight departures and cities served, offers 1,000 daily flights to over 160 destinations. With an operating fleet of over 180 aircraft and more than 14,000 Crewmembers, the Company has a network of more than 300 non-stop routes as of September 2023. Azul was named by Cirium (leading aviation data analysis company) as the most on-time airline in the world in 2022, being the first Brazilian airline to obtain this honor. In 2020 Azul was awarded best airline in the world by TripAdvisor, first time a Brazilian Flag Carrier earns number one ranking in the Traveler’s Choice Awards.
For more information visit www.voeazul.com.br/ir
Embraer is a global aerospace company headquartered in Brazil. It manufactures aircraft for Commercial and Executive aviation, Defense & Security, and Agricultural customers. The company also provides after-sales services & support through a worldwide network of wholly owned entities and authorized agents.
Since it was founded in 1969, Embraer has delivered more than 8,000 aircraft. On average, about every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 145 million passengers a year.
Embraer is the leading manufacturer of commercial jets up to 150 seats and is the main exporter of high value-added goods in Brazil. The company maintains industrial units, offices, service and parts distribution centers across the Americas, Africa, Asia, and Europe. Embraer’s APAC headquarters is located in Singapore and its China headquarters is in Beijing.
For more information visit https://embraer.com/global/en
November 13, 2023
Design by Jacquelyn Brink
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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.