Azorra Aviation is pleased to welcome Ron Baur as its President. With over 30 years of industry experience with a major airline and OEM, Ron brings a wealth of knowledge and expertise to Azorra. His responsibilities will include the day-to-day operations of Azorra, executing the strategic plan and maintaining the OEM relationships. John Evans, Azorra’s CEO, said “Ron will be a valuable addition to the Azorra team and I look forward to working with him to build Azorra into a world class leasing platform.”
Azorra Aviation announces that it has entered into an agreement with funds managed by Oaktree Capital Management, L.P. (“Oaktree”), under which Oaktree and Azorra’s founders will invest $350 million to expand Azorra’s commercial aircraft leasing business.
Azorra is pleased to announce that it has entered into long-term lease agreements covering six (6) Embraer E170s to be operated by American Airlines’ wholly owned Envoy subsidiary.