Leasing

Azorra reports a busy Q2, 2023

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Azorra reports a busy Q2, 2023

Azorra reported a busy second quarter (Q2) of 2023, with 33 lease agreements in total. These include lease and sale back agreement of five A220-300s with TAAG Angola Airlines and Breeze Airways, 25 Embraer E190/195-E2s with Royal Jordanian, Scoot and SKS Airways, one E195-E1 with Breeze Airways and two E175s with BermudAir.

Azorra delivered a total of four aircraft in Q2, 2022, with two E175s to BermudAir, one E190-E1 to Marathon Airlines and one E195-E1 to Breeze Airways.

The lessor purchased six aircraft, three E190s-E1 and three E195-E1s and sold two E170s.

Azorra’s fleet as of June 30, 2023 includes a total of 80 aircraft with 57 on order, $1.4B in total assets and $2.2B in future commitments.

The lessor has over 28 customers in 23 countries.