Azorra Orders 20 Embraer E2 Household Plane

(25 Jan 2022)
 Azorra has signed
an settlement with Embraer to amass 20 new E2 household plane,
plus an additional 30 buy rights.

The versatile deal permits Azorra to amass
E190-E2 or E195-E2 plane, and is valued at USD 3.9 billion at
listing costs.

Azorra is a Florida-based
plane leasing firm specialising in government, regional and
crossover plane.

Deliveries are scheduled to start in 2023, including a
additional 20 Embraer plane to the 21 already in Azorra’s present
and dedicated portfolio.

“Our crew has a protracted and
productive historical past with Embraer. At Jetscape, we had been the primary
impartial lessor to decide to Embraer’s E-Jet program in
December 2007, which noticed E-Jets set up a worldwide buyer base
of greater than 80 operators. Azorra’s first new plane was a
Phenom 300 acquired from Embraer in December 2016. We’re excited
about this new chapter in our longstanding partnership with
Embraer,” stated John Evans, Azorra’s CEO. “This dedication
underscores our perception within the E2; a contemporary plane household with
superior economics and environmental efficiency, offering Azorra
with a compelling alternative to construct a place of management in
the markets we serve.”

Arjan Meijer, CEO of Embraer
Business Aviation, stated, “We thank Azorra once more for his or her
number of the E2, after not too long ago finishing a sale leaseback
transaction with Porter Airways for 5 new E195-E2 plane. Azorra provides an thrilling and progressive method to the market,
with a fierce deal with buyer wants that align solidly with
Embraer’s deserved fame for excellent buyer care. With
this order for 20 E2 plane, Azorra have additional endorsed the
distinctive worth that the next-generation E2 household brings to the
market as essentially the most quiet and fuel-efficient plane within the
phase.”