Azorra has finalised the sale of two Boeing 777-300ER aircraft to FPG Amentum, a Dublin-based aircraft asset manager. The aircraft, with manufacturer serial numbers 61730 and 61731, will remain on lease to Philippine Airlines (PAL), the national carrier of the Philippines.
Eliane Cotran, Vice President – Commercial at Azorra, commented: “The sale of these Boeing 777-300ERs demonstrates Azorra’s ability to trade across a diverse range of asset types. By leveraging strong industry partnerships, transactions such as this are central to executing our growth strategy and redeploying capital into areas where we see the greatest opportunities. We extend our thanks to the FPG Amentum team for their collaboration throughout this transaction.”
Damon Connery, Chief Operating Officer at FPG Amentum, added: “We are delighted to partner with Azorra on the acquisition of these two Boeing 777-300ER aircraft currently on lease to PAL. This transaction underlines our ongoing commitment to investing in high-quality, in-demand assets, while supporting leading carriers such as Philippine Airlines. We value the constructive approach taken by Azorra and look forward to developing this partnership further in the future.”
The agreement highlights Azorra’s strategy of maintaining flexibility across multiple aircraft categories, while also reinforcing FPG Amentum’s focus on strengthening its portfolio with established, in-service assets. With Philippine Airlines continuing to rely on the 777-300ER as the backbone of its long-haul operations, the transaction underscores closer collaboration between lessors, asset managers and a leading Asian flag carrier.
