Azorra partners with Delta Material Services (DMS) to alleviate global supply chain issues

Fort Lauderdale, Florida, USA

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Azorra and Delta Material Services (DMS), a wholly owned subsidiary of Delta Air Lines, have entered into a strategic agreement to part out a used Airbus A220-300 aircraft to help alleviate the parts shortages contributing to global Aircraft on Ground (AOG) challenges.

The former EGYPTAIR aircraft, which has been delivered and is currently undergoing teardown, is being used to support the repair needs of Delta Air Lines’ fleet and other airlines worldwide by providing A220-300 parts. In addition, Azorra is leasing the engines to Delta to support Delta’s existing A220 fleet. Azorra is the first lessor to develop such a solution for the A220.

Ron Baur, President at Azorra, says: “This strategic partnership with DMS is a clear example of Azorra’s creativity in helping alleviate the challenges seen across commercial aviation today. Airlines globally are working through AOG disruptions and we’re proud to play a role in helping our partners overcome these.

“We’re big believers in the Airbus A220 and it remains a highly valuable and important asset to Azorra. Parting out this used airframe and leasing its engine is a creative solution that will generate long-term opportunity for the A220 to continue to thrive. We are honored to partner with an industry leader such as DMS to create this win-win result for our A220 customers.”

Mike McBride, Vice President of Maintenance Operations at DMS, says: “Our collaboration with Azorra is vital to ensuring we minimize the disruption caused by the parts shortages and supply chain issues our industry faces. This innovative approach highlights the value of working with our stakeholders to share ideas and address current challenges to benefit all parties.”

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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, 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, 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.    

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

201 East Las Olas Blvd, Suite 2250       
Fort Lauderdale, FL 33301       
info@azorra.com