Azorra has signed an agreement with Embraer to acquire 20 new E2 family aircraft, plus a further 30 purchase rights. This flexible deal enables Azorra to acquire E190-E2 or E195-E2 aircraft. At list prices, the order is valued at USD 3.9 billion. Azorra is a Florida-based aircraft leasing company specializing in executive, regional and crossover aircraft. Deliveries will begin in 2023, adding a further 20 Embraer aircraft to the 21 already in Azorra’s existing and committed portfolio.
Azorra has signed an agreement with Embraer to acquire 20 new E2 family aircraft, plus a further 30 purchase rights. This flexible deal enables Azorra to acquire E190-E2 or E195-E2 aircraft. At list prices, the order is valued at USD 3.9 billion. Azorra is a Florida-based aircraft leasing company specializing in executive, regional and crossover aircraft. Deliveries will begin in 2023, adding a further 20 Embraer aircraft to the 21 already in Azorra’s existing and committed portfolio.
January 24, 2022
Azorra Orders 22 A220 Family Aircraft
Airbus has signed a purchase agreement with Azorra for twenty-two A220 Family aircraft including twenty A220-300s and two ACJ TwoTwenty aircraft. Azorra is a Fort Lauderdale, Florida, USA, based aircraft lessor focused on executive, regional and mid-size (“crossover”) aircraft.
Azorra’s purchase is the latest endorsement for the A220 Family aircraft and reaffirms the strong market demand for Airbus’ newest single-aisle aircraft.
Azorra Orders 22 A220 Family Aircraft
Airbus has signed a purchase agreement with Azorra for twenty-two A220 Family aircraft including twenty A220-300s and two ACJ TwoTwenty aircraft. Azorra is a Fort Lauderdale, Florida, USA, based aircraft lessor focused on executive, regional and mid-size (“crossover”) aircraft.
Azorra’s purchase is the latest endorsement for the A220 Family aircraft and reaffirms the strong market demand for Airbus’ newest single-aisle aircraft.
January 10, 2022
Eve and Azorra Partnership
Eve Air Mobility, an Embraer company, and Azorra, a longstanding partner and lessor of Embraer aircraft, signed a Letter of Intent (LOI) to order up to 200 of Eve’s electric vertical take-off and landing (eVTOL) aircraft. This collaboration, in addition to the investor partnership announced today, confirms Azorra and Eve’s joint commitment to provide accessible transportation and infrastructure solutions for early adopters of the Urban Air Mobility (UAM) industry.
Eve and Azorra Partnership
Eve Air Mobility, an Embraer company, and Azorra, a longstanding partner and lessor of Embraer aircraft, signed a Letter of Intent (LOI) to order up to 200 of Eve’s electric vertical take-off and landing (eVTOL) aircraft. This collaboration, in addition to the investor partnership announced today, confirms Azorra and Eve’s joint commitment to provide accessible transportation and infrastructure solutions for early adopters of the Urban Air Mobility (UAM) industry.
December 21, 2021
Azorra Delivers E170 #5 & #6!
Azorra is pleased to announce that it has recently delivered two Embraer E170s, MSNs 17000302 and 17000305, on long-term lease to American Airlines to be operated by its wholly owned Envoy regional subsidiary.
These E170s represent the 5th and 6th aircraft delivered to American Airlines, concluding the six aircraft transaction.
Azorra Delivers E170 #5 & #6!
Azorra is pleased to announce that it has recently delivered two Embraer E170s, MSNs 17000302 and 17000305, on long-term lease to American Airlines to be operated by its wholly owned Envoy regional subsidiary.
These E170s represent the 5th and 6th aircraft delivered to American Airlines, concluding the six aircraft transaction.
December 20, 2021
Porter Airlines Sale Leaseback Transaction. Azorra is pleased to announce that it has entered into a sale leaseback transaction with Porter Airlines for five new E195-E2 aircraft with the first delivery scheduled for summer 2022. The transaction includes financing of manufacturer pre-delivery payments together with long-term operating leases of Embraer’s largest E2 crossover jet.
Porter Airlines Sale Leaseback Transaction. Azorra is pleased to announce that it has entered into a sale leaseback transaction with Porter Airlines for five new E195-E2 aircraft with the first delivery scheduled for summer 2022. The transaction includes financing of manufacturer pre-delivery payments together with long-term operating leases of Embraer’s largest E2 crossover jet.
November 15, 2021
Azorra adds A220
Azorra is pleased to announce that it has completed the acquisition of one (1) Airbus A220-300; MSN 55034. The aircraft was acquired from Avation PLC and is currently on lease with airBaltic.
Azorra adds A220
Azorra is pleased to announce that it has completed the acquisition of one (1) Airbus A220-300; MSN 55034. The aircraft was acquired from Avation PLC and is currently on lease with airBaltic.
October 19, 2021
Azorra delivers two more aircraft.
Azorra is pleased to announce that it recently delivered one new Airbus A220-300, MSN 55133, on long-term lease to airBaltic and one Embraer E170, MSN 17000300, on long-term lease to American Airlines to be operated by its wholly owned Envoy regional subsidiary.
Azorra delivers two more aircraft.
Azorra is pleased to announce that it recently delivered one new Airbus A220-300, MSN 55133, on long-term lease to airBaltic and one Embraer E170, MSN 17000300, on long-term lease to American Airlines to be operated by its wholly owned Envoy regional subsidiary.
October 15, 2021
Azorra Closes $500 Million Warehouse Financing.
Azorra is pleased to announce that it has closed a $500 million warehouse credit facility. The limited-recourse facility has a two-year availability period and a five-year term overall. Credit Suisse Securities (USA) LLC acted as lead arranger and sole structuring agent. The facility will fund recent and pending aircraft acquisitions and will provide Azorra with significant flexibility to grow its fleet.
Azorra Closes $500 Million Warehouse Financing.
Azorra is pleased to announce that it has closed a $500 million warehouse credit facility. The limited-recourse facility has a two-year availability period and a five-year term overall. Credit Suisse Securities (USA) LLC acted as lead arranger and sole structuring agent. The facility will fund recent and pending aircraft acquisitions and will provide Azorra with significant flexibility to grow its fleet.
September 28, 2021
Azorra Delivers A220 #2!
Azorra is pleased to announce that it has delivered one new Airbus A220-300, MSN 55131, on long-term lease to airBaltic. This aircraft is the second of three new A220s to be delivered by Azorra to airBaltic this year.
Azorra Delivers A220 #2!
Azorra is pleased to announce that it has delivered one new Airbus A220-300, MSN 55131, on long-term lease to airBaltic. This aircraft is the second of three new A220s to be delivered by Azorra to airBaltic this year.
September 20, 2021
Azorra Delivers E170 #3!
Azorra is pleased to announce that it has delivered one Embraer E170, MSN 17000298, on lease to American Airlines to be operated by its wholly owned Envoy regional subsidiary. This aircraft is the third of six (6) Embraer E170s scheduled to be delivered this year.
Azorra Delivers E170 #3!
Azorra is pleased to announce that it has delivered one Embraer E170, MSN 17000298, on lease to American Airlines to be operated by its wholly owned Envoy regional subsidiary. This aircraft is the third of six (6) Embraer E170s scheduled to be delivered this year.
September 9, 2021