Azorra is pleased to welcome Claudia Ziemer as its Senior Director Finance. Claudia brings over 20 years of experience in commercial aircraft finance.
Azorra is pleased to announce that it has sold two (2) Embraer E190s to Alliance Airlines in Australia. The aircraft were previously operated by Helvetic Airways in Switzerland and acquired by Azorra earlier this year.
Azorra is pleased to announce that it has delivered one Embraer E170, MSN 17000296 on lease to American Airlines to be operated by its wholly owned Envoy regional subsidiary.
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.