(11 Jan 2022)
Azorra, an US-based aircraft lessor focused on
executive, regional and mid-size aircraft, has signed a purchase
agreement with Airbus for twenty two A220 Family aircraft including twenty
A220-300s and two ACJ TwoTwenty aircraft.
The
A220, purpose-built for the 100-150 seat
market, is powered by Pratt & Whitney’s latest-generation PW1500G geared
turbofan engines. The aircraft features 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 ACJ TwoTwenty combines intercontinental range to fly over 12 flight
hours with 73 sqm of floor space.
Azorra Airbus A220-300
“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.”
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.
“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 Officer 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.”
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