Azorra Acquires Aircraft Formerly Owned by NAC Azorra announced today that it had signed purchase agreements for the acquisition of 11 Embraer E-Jet aircraft leased to four airlines. All 11 aircraft were formerly owned by Nordic Aviation Capital and are in addition to the recently completed purchase of a 37 aircraft portfolio. “This acquisition further […]
Azorra Acquires Aircraft Formerly Owned by NAC Azorra announced today that it had signed purchase agreements for the acquisition of 11 Embraer E-Jet aircraft leased to four airlines. All 11 aircraft were formerly owned by Nordic Aviation Capital and are in addition to the recently completed purchase of a 37 aircraft portfolio. “This acquisition further […]
June 27, 2022
Azorra recently completed the acquisition of a 37 aircraft portfolio formerly owned by Nordic Aviation Capital. The portfolio is comprised of 29 Embraer E-Jets and seven ATR and Q400 turboprops leased to 13 different airlines worldwide. The aircraft are financed by a lender group led by BNP Paribas.
“We are thrilled to add these aircraft to Azorra’s growing portfolio, while expanding and diversifying our customer base,” said John Evans, CEO of Azorra.
Azorra recently completed the acquisition of a 37 aircraft portfolio formerly owned by Nordic Aviation Capital. The portfolio is comprised of 29 Embraer E-Jets and seven ATR and Q400 turboprops leased to 13 different airlines worldwide. The aircraft are financed by a lender group led by BNP Paribas.
“We are thrilled to add these aircraft to Azorra’s growing portfolio, while expanding and diversifying our customer base,” said John Evans, CEO of Azorra.
June 5, 2022
Azorra is pleased to announce that David Neeleman has been appointed to its board of directors.
The founder of four successful airline start-ups (Azul, JetBlue, WestJet and Morris Air), as well as a new airline – Breeze Airways – launched in May 2021, Mr. Neeleman brings a unique and valuable airline perspective to Azorra.
Azorra is pleased to announce that David Neeleman has been appointed to its board of directors.
The founder of four successful airline start-ups (Azul, JetBlue, WestJet and Morris Air), as well as a new airline – Breeze Airways – launched in May 2021, Mr. Neeleman brings a unique and valuable airline perspective to Azorra.
June 2, 2022
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 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 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 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.
June 28, 2021
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 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.
March 17, 2021
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.
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.
March 17, 2021
