Aircraft lessor Azorra completed 56 transactions during the third quarter of 2026, reflecting continued activity across its aircraft and engine leasing, trading, and portfolio management operations.
The transactions included signing and extending leases for 17 aircraft and eight engines, purchasing six aircraft, and delivering seven aircraft and eight engines. During the quarter, the company also sold six aircraft, one engine and three airframes.
Among the key developments, Azorra entered into a sale-and-leaseback transaction with an undisclosed airline covering six Embraer E195-E2 aircraft. The arrangement allows the airline to access the aircraft while Azorra adds to its leasing portfolio.
Azorra also signed an agreement with Brazilian aircraft manufacturer Embraer for 20 passenger-to-freighter (P2F) conversion slots, with purchase rights for an additional 10 slots. The agreement provides the lessor with the option to expand its presence in the freighter conversion market as demand for converted aircraft evolves.
Also Read – Turning Rock Partners completes asset-backed financing for three AerFin A220s
As of September 30, 2026, Azorra’s current and committed portfolio comprised 230 aircraft, 91 engines and 10 airframes. Of the aircraft portfolio, 193 were owned or managed by the company, while a further 37 aircraft were covered by commitments. Its engine and airframe portfolios included 91 engines and 10 airframes, respectively.
The lessor’s customer base comprised 45 customers across 39 countries, highlighting the geographic reach of its leasing and asset management activities.
Azorra’s third-quarter transactions reflect its continued focus on aircraft acquisitions, lease placements, asset trading and portfolio development. The sale-and-leaseback agreement for six E195-E2 aircraft and the P2F conversion agreement with Embraer represent key elements of its activity during the period.
