Azorra has entered a strategic agreement with Delta Material Services (DMS), a wholly owned subsidiary of Delta Air Lines, to part out a used Airbus A220-300 in a bid to tackle global Aircraft on Ground (AOG) issues caused by parts shortages.
The aircraft, previously operated by EGYPTAIR and now undergoing teardown, will provide much-needed A220-300 components to support the maintenance needs of Delta Air Lines and other global carriers. As part of the deal, Azorra is also leasing the aircraft's engines to Delta to support its current A220 fleet — marking the first time a lessor has developed such a solution for the A220.
“This partnership with DMS showcases Azorra's creative approach to today's aviation challenges. We're proud to support our partners during these AOG disruptions and continue to see strong value in the A220. Parting out this airframe and leasing its engines is a smart, forward-thinking solution that benefits our customers.” commented Ron Baur, President of Azorra.
Mike McBride, Vice President of Maintenance Operations at DMS, added: “Collaborating with Azorra is key to reducing the impact of supply chain issues. This innovative effort underlines the importance of working closely with industry stakeholders to solve shared challenges.”