Aircraft lessor Azorra orders 20 Embraer E2 aircraft
Source: https://www.aerospacemanufacturinganddesign.com/
Author: Eric Brothers
Florida-based aircraft leasing company Azorra has reached an agreement with Embraer to acquire 20 new E2 family aircraft, plus a further 30 purchase rights. The flexible deal enables Azorra to acquire E190-E2 or E195-E2 aircraft. At list prices, the order is valued at $3.9 billion. Deliveries will begin in 2023, adding a further 20 Embraer aircraft to the 21 already in Azorra's existing and committed portfolio. Azorra specializes in leasing executive, regional, crossover, and small narrowbody aircraft. The new E2s are in response to the company’s requirement for a new generation of environmentally sustainable airplanes with low operating costs, low emissions, and low fuel burn.