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Azorra Reports 2024 Leasing and Fleet Transactions

Azorra, a US-based aircraft lessor, has released its fleet transaction highlights for 2024, showcasing a strong year of growth and activity. The company signed lease agreements for 17 aircraft, reflecting its commitment to supporting global carriers with modern and efficient fleet solutions. In addition to the leasing activity, Azorra successfully delivered nine aircraft to its clients, meeting operational demands…

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Azorra Secures $190M Financing for E2 Jets

Azorra, a US-based aircraft lessor, has successfully closed a US$190 million financing agreement with Banco Nacional de Desenvolvimento Econômico e Social (BNDES) of Brazil. This significant facility will fund the acquisition of up to eight Embraer E2 jets, further solidifying Azorra’s commitment to fleet expansion and modernization. This financing marks the first-ever collaboration between BNDES and ITASCA MGA, a UK-based financial…

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Austrian Airlines May Extend B767 Operations

Austrian Airlines is considering extending the operation of its Boeing 767 fleet into 2026, following delays in the delivery of Boeing 787 Dreamliners. The airline, which had initially planned for a gradual transition to newer aircraft, now faces uncertainty regarding the arrival of its third B787-9, previously expected in 2025.

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Amedeo Air Four Plus to Redeliver A380 to Emirates

Amedeo Air Four Plus (UK) has received notice from Emirates (UAE) regarding the upcoming redelivery of its A380, serial 157. Emirates has opted to return the aircraft in a “half-life” condition instead of the full-life standard. Additionally, a cash sum will accompany the aircraft’s return as part of the agreement. The lease for this A380 is set to expire on 04…

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Wizz Air CEO Highlights Prolonged Engine Issues

Wizz Air (Hungary) CEO Jozsef Varadi has raised concerns about the prolonged impact of issues with Pratt & Whitney (P&W) engines affecting the airline’s fleet. Varadi stated that the engine problems could persist for four to five years, significantly impacting operations. The airline anticipates that 40 aircraft will remain grounded through fiscal 2026 due to these ongoing challenges.