Azorra Leases Six Embraer E170s to American Airlines
Retrieved on:
Wednesday, March 17, 2021
Azorra Aviation Holdings, LLC (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.
Key Points:
- Azorra Aviation Holdings, LLC (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 will purchase the aircraft from BA CityFlyer (a wholly owned regional subsidiary of British Airways) after they transition through maintenance and modification at the Embraer Aircraft Maintenance Services facility in Macon, GA.
- This transaction follows a recent trade where Azorra aggregated fourteen Embraer E190s formerly with Copa Airlines (Panama), transitioning them to Alliance Airlines (Australia) a newly established operator of the type.
- Azorra is a relationship-driven commercial aircraft lessor, providing lease, financing, and asset management solutions with a focus on regional, crossover and small narrowbody aircraft.