Azorra orders 22 A220 Family aircraft
@AzorraAviation @Airbus #A220 #ACJTwoTwenty
Toulouse,
10 January 2022 – Airbus has signed a purchase agreement with Azorra for
twenty-two A220 Family aircraft including twenty A220-300s and two ACJ
TwoTwenty aircraft. Azorra is a Fort Lauderdale, Florida, USA, based aircraft
lessor focused on executive, regional and mid-size (“crossover”) aircraft.
Azorra’s purchase is the latest endorsement for the A220 Family aircraft and
reaffirms the strong market demand for Airbus’ newest single-aisle aircraft.
“The A220 is ideally suited for Azorra’s growing portfolio. We are excited to
partner with Airbus on this popular, next generation aircraft. We look forward
to offering its superior economics and environmental efficiency to our
customers,” said John Evans, CEO of Azorra. “We are also thrilled with the
opportunity to expand Azorra’s executive jet leasing business with the new ACJ
TwoTwenty. Azorra’s new partnership with Airbus and unique ability
to offer fleet transition solutions for airlines and executive jet leases to
business aviation customers are key differentiators that bring significant
value to our customers. ”
“We warmly welcome
Azorra as a new Airbus partner and salute this decision by a renowned player in
the regional aviation space. We have seen a significant market appetite for the
A220 Family from a growing and diverse customer base. The addition of Azorra’s
capabilities in the regional airline segment is a welcome endorsement for the
A220 versatility,” said Christian Scherer, Airbus Chief Commercial Offic
er and Head of Airbus International.
“This agreement will enhance Azorra’s portfolio strategy of investing in the
most comfortable and modern technology aircraft in this segment while it will
also enable us to offer A220 Family solutions to an increasingly wider spectrum
of airlines”, he added.
The A220 is the only aircraft purpose-built for the 100-150 seat market and
brings together state-of-the-art aerodynamics, advanced materials and Pratt
& Whitney’s latest-generation PW1500G geared turbofan engines. Featuring a
50% reduced noise footprint and up to 25% lower fuel burn per seat compared to
previous generation aircraft, as well as around 50% lower NOx emissions than
industry standards, the A220 is a great aircraft for regional as well as long
distance routes.
The ACJ
TwoTwenty is a new and unique value proposition to business aviation buyers.
This game changing aircraft combines intercontinental range to fly over 12
flight hours with unmatched personal space (73m2/785 ft2
of floor space) providing unprecedented comfort for passengers. Equipped with a
signature flexible cabin, this fully completed aircraft is ideal for private
and business jet users.
As of the end of December 2021, the A220 had accumulated 668 orders from 25
customers. To date, 13 airlines are operating around 190 aircraft on four
continents.
About Azorra
Azorra is a relationship-driven aircraft
lessor providing lease, financing, and asset management solutions with a focus
on executive, regional, crossover and small narrowbody aircraft. Azorra’s
team is led by industry veterans with a shared history of success and has the
financial backing of funds managed by Oaktree Capital Management L.P. The
company is headquartered in Fort Lauderdale, Florida and has an office in
Dublin, Ireland. For additional information, please visit www.azorra.com or LinkedIn.
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