Fort Lauderdale, Florida, USA
Azorra is celebrating the delivery of one Airbus A220-300 to Cyprus Airways, the flag carrier of Cyprus, marking a new partnership for the lessor.
The former EGYPTAIR aircraft is one of 12 acquired by Azorra in February 2024.
John Evans, CEO and Founder of Azorra, says: “We’re proud to welcome Cyprus Airways as an Azorra customer. The delivery of this A220, featuring freshly overhauled and updated engines from Pratt & Whitney, will complement the airline’s existing Airbus fleet. The A220 offers exceptional fuel efficiency, cost savings, and passenger comfort. We thank Cyprus Airways for their trust in Azorra and look forward to a lasting, mutually successful partnership.”
Thanos Paschalis, CEO of Cyprus Airways, says: “Cyprus Airways is delighted to receive one more Airbus A220 aircraft to enhance our current fleet. The aircraft encompasses the latest technology in safety and operations and has one of the best environmental footprints of any aircraft flying. Cyprus Airways is committed to developing its fleet based on safety, efficiency, sustainability and customer comfort. This aircraft as well as another brand-new unit will be delivered from 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, trading and leasing.
Our team is led by seasoned veterans having a shared history of success and is complemented with young professionals who bring fresh perspective, ideas and enthusiasm. Azorra currently owns and manages a fleet of more than 100 aircraft on lease to more than 38 operators in 31 countries around the world, with total commitments of more than 160 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 an office in Dublin, Ireland.
Cyprus Airways, a symbol of national pride, resumed operations in July 2016 under Charlie Airlines Ltd, following a successful bid for the brand’s rights. This marked the beginning of a new chapter in our storied legacy.
In July 2018, we achieved a significant milestone by passing the IATA Operational Safety Audit (IOSA), underscoring our commitment to the highest standards of safety. By October 2018, we became proud members of the International Air Transport Association (IATA), solidifying our place in global aviation.
Operating from Larnaca International Airport, our passionate team of over 150 professionals flies Airbus A320 and A220 aircraft, offering both Economy and Business Class seats, to Europe, the Middle East, and beyond. As we introduce the A220 fleet, Cyprus Airways is dedicated to environmental stewardship, embracing a future where the skies are not only our destination but our shared responsibility.
September 4, 2024
Designed 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.