Azorra orders 20 Embraer E2 aircrafts

Azorra orders 20 Embraer E2 aircrafts

 

Azorra signed a contract with Embraer to acquire 20 new E2 family aircraft, in addition to 30 more purchase rights. This flexible agreement allows Azorra to acquire E190-E2 or E195-E2 aircrafts. 

 

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At list prices, the order is valued at $3.9 billion. Azorra is an aircraft leasing company based in Florida, USA, specializing in business, regional and commercial aircraft. Deliveries will begin in 2023, adding 20 more Embraer aircraft to the 21 in the portfolio.

“Our team has a long and productive history with Embraer. At Jetscape, we were the first independent leasing company to commit to Embraer's E-Jet program in December 2007, and then E-Jets established a global customer base of more than 80 operators. Azorra's first new aircraft was a Phenom 300, acquired from Embraer in December 2016. We are excited about this new chapter in our long-standing partnership with Embraer,” said John Evans, CEO of Azorra. “This commitment reinforces our belief in E2; a family of modern aircraft with superior economic and environmental performance, providing Azorra with an excellent opportunity to establish a leadership position in the markets we serve.”

 

Arjan Meijer, CEO of Embraer Commercial Aviation, said: “We thank Azorra again for choosing the E2, after recently completing a resale transaction with Porter Airlines for five new E195-E2 aircraft. Azorra offers an innovative and exciting approach to the market, with an intense focus on the needs of its customers and which is fully in line with Embraer's well-deserved reputation for exceptional customer service. With this order of 20 E2 aircraft, Azorra further endorses the exceptional value that the next generation of the E2 family brings to the market as the quietest and most efficient aircraft in the segment.”

 

About Azorra

 

Azorra is a relationship-oriented aircraft rental company, providing leasing, financing and asset management solutions, focusing on business, regional, crossover and small narrowbody aircraft. The Azorra team is led by industry veterans with a shared history of success and is financially backed by funds managed by Oaktree Capital Management L.P. The company is headquartered in Fort Lauderdale, Florida and has an office in Dublin, Ireland.

*NOTE: This publication was written in Portuguese (Brazil) and automatically translated by Google robots to English. MORE THAN FLY, adopted Google technology for everyone around the world to have access to information and optimize our time and budget with translations. We ask for common sense to take into account translation errors. After all, every robot is limited and is never compared to the superiority of a human intelligence.