Falko has announced the acquisition of two Embraer E170 aircraft from Azorra, a U.S.-based commercial aircraft lessor. These aircraft, currently leased to American Airlines and subleased to its subsidiary, Envoy Air, will be integrated into Falko’s managed fund, the Falko Regional Aircraft Opportunities Fund II (Fund II). This addition increases Fund II’s portfolio holdings with […]
Falko acquires two E170 aircraft from Azorra Read More »
Azorra has announced the delivery of an Airbus A220-300 to Cyprus Airways, marking the beginning of a new partnership with the Cypriot flag carrier. The aircraft, previously operated by Egyptair, is part of a batch of 12 A220s acquired by Azorra in February 2024. John Evans, CEO and Founder of Azorra, expressed his satisfaction with
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Aircraft lessor Azorra has reported the closing of a US$988 million debt financing facility, including a US$750 million revolving credit facility (RCF) and a US$238 million recourse debt financing. Overwhelming investor demand led to a significant oversubscription of the financing, prompting a Day 1 increase of the RCF from US$500 million to US$750 million through
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AVIAN Inventory Management (AIM), a division of AVIAN Component Solutions (ACS),a customised inventory capital solutions and financing services for the aviation industry, has successfully finalised the acquisition of two Embraer ERJ 170-100 LR aircraft from global lessor Azorra. Ian Gurekian, Founder and CEO of AVIAN Component Solutions, expressed, “Today marks a significant milestone for Avian,
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Aircraft lessor Azorra has signed lease agreements for two new Airbus A220-300 aircraft with Breeze Airways. The aircraft are scheduled to deliver in early 2024 and are the first aircraft being delivered from Azorra’s firm orderbook of 22 A220s. These aircraft will supplement Breeze’s own A220 orderbook and will help to fill the gap arising from
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Azorra, the commercial aircraft lessor based in Fort Lauderdale, Fl., has welcomed Eleanor Rodrigues-Smith to its team. She joined Azorra in June as Vice President Commercial Transactions with a focus on leading a cross-functional-deal team to negotiate and manage all aircraft lease or purchase/sale agreements from LOI to final lease agreement. Rodrigues-Smith brings over 25
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