50 SKY SHADES - World aviation news

Azorra places order for 20 Embraer E2 aircraft

Download: Printable PDF Date: 24 Jan 2022 18:11 (UTC) categories:
Publisher:
Azorra places order for 20 Embraer E2 aircraft - Manufacturer publisher
Dana Ermolenko
Aircraft: Airplanes

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 specialising 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.

“Our team has a long and productive history with Embraer. At Jetscape, we were the first independent lessor to commit to Embraer’s E-Jet program in December 2007, which saw E-Jets establish 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 longstanding partnership with Embraer,” said John Evans, Azorra’s CEO. “This commitment underscores our belief in the E2; a modern aircraft family with superior economics and environmental performance, providing Azorra with a compelling opportunity to build a position of leadership in the markets we serve.”

Arjan Meijer, CEO of Embraer Commercial Aviation, said, “We thank Azorra again for their selection of the E2, after recently completing a sale leaseback transaction with Porter Airlines for five new E195-E2 aircraft. Azorra offers an exciting and innovative approach to the market, with a fierce focus on customer needs that align solidly with Embraer’s deserved reputation for outstanding customer care. With this order for 20 E2 aircraft, Azorra have further endorsed the exceptional value that the next-generation E2 family brings to the market as the most quiet and fuel-efficient aircraft in the segment.”



Loading comments for Azorra places order for 20 Embraer E2 aircraft...


Recommended

Europe highest number of flown hours with Phenom 100

The aircraft utilization services, performed by GEMINI WINGS have led to the most successful season with a Phenom 100 operation of Air Prague, a member of the GEMINI alliance fleet.  They reached...

Piston single, turboprop aircraft values still gaining altitude despite continued growth in inventory levels

The latest Sandhills Global market report on the aviation industry reflects a third consecutive month of inventory expansion across all categories after a long, steady decline. However, the recen...

ITA Airways becomes first Italian A350 operator

Italy new national carrier, ITA Airways, has taken delivery of its first A350, becoming the 40th operator of the type. The aircraft, which is on lease from ALAFCO, landed for the f...

New luxury lifestyle partnership - GlobeAir and Jacob & Co UK

New partnership to provide exclusive world-class mutual travel lifestyle benefits - GlobeAir and Jacob & Co UK. This partnership brings together two companies that share a passion for pe...

The drones news