Azorra
Azorra is a privately held, Oaktree-backed commercial aircraft lessor providing operating leases, financing, and fleet transition services for regional, small narrowbody, and widebody aircraft to 30+ airline customers across 36 countries.
- Company typePrivate
- Founded2016
- HeadquartersFort Lauderdale, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Azorra does
Azorra Aviation Holdings, LLC is a privately held commercial aircraft lessor headquartered in Fort Lauderdale, Florida, with an international office in Dublin, Ireland. Founded in 2021 with financial backing from Oaktree Capital Management, the company provides operating leases, financing, fleet transition, remarketing, and asset management services focused on regional (ATR 42/72-600, Embraer E170/E175), small narrowbody (Airbus A220, Embraer E190/E195-E2), and widebody (Airbus A330) aircraft, plus engine support programs for CF34 and PW-series engines. As of March 31, 2026, Azorra reports $4.5 billion in total assets, 279 total commitments including 178 owned aircraft, 81 engines, 15 airframes, and 5 managed aircraft, leased to 30+ airline customers across 36 countries with a weighted average lease term of 5.4 years and fleet age of 5.3 years.
Azorra firmographics
Firmographics- Name
- Azorra
- Legal name
- Azorra Aviation Holdings, LLC
- Website
- https://azorra.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Azorra is a privately held, Oaktree-backed commercial aircraft lessor providing operating leases, financing, and fleet transition services for regional, small narrowbody, and widebody aircraft to 30+ airline customers across 36 countries.
- Ownership category
- akta.pro rank
Where Azorra is headquartered
LocationHeadquarters
- HQ city
- Fort Lauderdale
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Azorra business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Lease Rental Revenue: Azorra generates primary recurring revenue from operating leases on owned aircraft and engines. Lease rental revenue was $228 million for year ended December 31, 2024. Revenue is recognized over the lease term with supplemental rent (maintenance reserves) also collected.
- Aircraft and Engine Sales: Azorra sells owned aircraft, engines, and airframes from its portfolio, generating one-time transaction revenue. The company traded 4 aircraft, 3 engines, and 2 airframes in 2025.
- Asset Management Services: Azorra provides fleet transition and asset management solutions to aircraft investors, financiers, and airline operators, generating fee-based service revenue.
- Supplemental Rent and Maintenance Rights: Supplemental rent revenue of $39.3 million recorded for year ended December 31, 2024, from maintenance reserves and lease-related payments collected from lessees.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Azorra product offering
Product offeringCore offering
Azorra is a relationship-driven commercial aircraft lessor that provides operating leases for owned and managed commercial aircraft and engines to airline operators worldwide. The company complements its core leasing activity with aircraft financing, fleet transition services (remarketing, management, origination), asset management for third-party investors and financiers, and tailored engine support programs including short-term, long-term, and AOG solutions.
Product overview
Azorra is a relationship-driven commercial aircraft lessor offering an integrated platform of leasing, financing, fleet transition, and asset management solutions. The company's core product portfolio centers on regional aircraft (ATR 42/72-600, Embraer E170/E175, Embraer E190/E195-E1), small narrowbody aircraft (Airbus A220 Family, Embraer E190/E195-E2), and widebody aircraft (Airbus A330 Family). Azorra provides end-to-end services including aircraft leasing, financing, remarketing, fleet management, and engine support solutions (CF34 and PW series engines). The company operates from Fort Lauderdale, Florida (headquarters) and Dublin, Ireland, serving airline customers globally.
Differentiator
Problem solved
Functional benefit
Products and services
- Aircraft Leasing
- Aircraft Financing
- Fleet Transition Services
- Aircraft Asset Management
- Engine Programs & Support Solutions
Quantifiable outcome
- Expanded fleet by 35 aircraft in 2024
- +4 more outcomes
Companies that use Azorra
Customer profileNamed customers8 records
Segments3 records
Ideal customer profiles3 records
Azorra technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Azorra partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core, flagship and minor.
- JetBluecoreAzorra completed the acquisition of 13 Embraer E190 airframes and 36 General Electric CF34-10E6 engines from JetBlue in June 2026, following a purchase agreement executed in July 2025. Azorra is placing the aircraft and engines with customers worldwide.
- EGYPTAIRcoreAzorra completed acquisition and placement of 12 Airbus A220-300 aircraft from EGYPTAIR. Purchased in February 2024 to support EGYPTAIR's fleet transformation program, the twelfth and final aircraft was delivered to Breeze Airways in June 2026.
- EmbraerflagshipAzorra has a long-standing partnership with Embraer, placing multiple orders for E195-E2 aircraft. As of June 2026, Azorra has 54 firm E2 orders (up from 39 prior to the latest expansion), with purchase rights for 15 additional jets. Azorra also acquired 49 Embraer E-Jet aircraft and 2 General Electric CF-34 engines from DAE. The partnership pushes Embraer's E2 program beyond 500 total bookings. Azorra holds commitments for 22 Embraer E190/E195-E2 aircraft from its 48-aircraft purchase commitment portfolio.
- Dubai Aerospace Enterprise (DAE)coreAzorra completed acquisition of 49 Embraer E-Jet aircraft and 2 General Electric CF-34 engines from DAE in May 2026, with leases transferred to 12 airline customers. Azorra also acquired DAE's Airbus A220-300 orderbook comprising 8 aircraft, including 2 on lease to TAAG Angola Airlines.
- Delta Material Services (DMS)minorAzorra partnered with Delta Material Services (DMS) to alleviate global supply chain issues, addressing the structural spare parts crisis affecting the aviation industry. The partnership helps Azorra's customers access critical spare parts.
- AirbuscoreAzorra holds commitments for new Airbus A220-100/300 aircraft as part of its purchase commitment portfolio of 48 crossover aircraft. Azorra acquired DAE's A220-300 orderbook of 8 aircraft. The company also has orders from its investor base supporting Airbus fleet transitions.
Scale indicators18 records
Recent moves7 records
Expansion highlights6 records
Azorra competitors and assessment
Company assessmentDirect peers
- ORIX Aviation: Aircraft lessor (a subsidiary of ORIX Corporation) with diversified narrowbody and regional aircraft leased to a global customer base. Comparable to Azorra in B2B operating-lease model and customer diversification across regions and aircraft types.
- Nordic Aviation Capital: Specialized aircraft lessor focused on regional aircraft, including ATR turboprops and smaller narrowbodies - the same niche Azorra targets. Multiple Azorra senior executives (Susan Geitzenauer, Oscar Miörner) joined from NAC, reflecting shared DNA in regional-segment leasing.
- CDB Aviation: Aircraft lessor owned by China Development Bank with a portfolio of narrowbody, regional, and freighter aircraft leased to airlines worldwide. Comparable in operating-lease model and customer mix; an Azorra VP (Scott Boardman) previously held commercial roles there.
- Aviation Capital Group: Mid-sized US-based aircraft lessor (Tokyo Century subsidiary) with similar focus on portfolio acquisitions and operating leases to commercial airlines. Closely comparable in fleet profile, customer mix, and M&A-driven growth approach.
- AerCap: World's largest aircraft lessor offering operating leases across narrowbody, widebody, and regional aircraft, with global airline customers and an investment-grade balance sheet. Directly comparable to Azorra in core business model (operating leases to airlines), customer base, and aircraft categories.
- Avolon: Major global aircraft lessor (subsidiary of Bohai Leasing) with comparable narrowbody focus and airline-led customer base. Azorra's Chief Legal Officer previously held senior roles at Avolon, reflecting direct personnel overlap and shared operating model.
- Dubai Aerospace Enterprise: Major global aircraft lessor and recent transaction counterparty to Azorra, having sold 49 Embraer E-Jets plus 2 CF-34 engines and the A220-300 orderbook to Azorra in 2026. A direct peer in both portfolio composition and target airline customer base.
- BBAM (Babcock & Brown Aircraft Management): Leading third-party aircraft asset manager and lessor serving institutional investors and airlines globally. Closely comparable to Azorra in investor-focused servicing and disciplined fleet allocation across narrowbody and regional aircraft.
- Air Lease Corporation: Major US-listed commercial aircraft lessor with a young, fuel-efficient fleet and broad airline customer base. Closely analogous to Azorra in operating-lease model and growth orientation, though larger and more diversified across aircraft types and geographies.
- SMBC Aviation Capital: Top-tier aircraft lessor owned by Sumitomo Mitsui Banking Corporation, leasing narrowbody and widebody aircraft to airlines globally. Comparable to Azorra in product offering (operating leases to airlines), scale, geographic reach, and investment-grade credit profile.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Azorra social profiles
Digital presenceAzorra financial estimates
Financial estimateRevenue estimate
Valuation estimate
Azorra leadership team
Management profileNumber of profiles
Profiles20 records
Azorra funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Azorra M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Azorra
What does Azorra do?
Azorra is a relationship-driven commercial aircraft lessor that provides operating leases for owned and managed commercial aircraft and engines to airline operators worldwide. The company complements its core leasing activity with aircraft financing, fleet transition services (remarketing, management, origination), asset management for third-party investors and financiers, and tailored engine support programs including short-term, long-term, and AOG solutions.
Is Azorra a public or private company?
Azorra is a private company. It is classified as private equity controlled and is currently operating.
When was Azorra founded?
Azorra was founded in 2016. It employs 11 to 50 people.
Where is Azorra based?
Azorra is headquartered in Fort Lauderdale, United States, in the North America region.
How does Azorra make money?
Four revenue lines are on record. Lease Rental Revenue is the primary driver. The others are aircraft and Engine Sales, asset Management Services and supplemental Rent and Maintenance Rights.
Who are Azorra's main competitors?
Direct peers on record are ORIX Aviation, Nordic Aviation Capital, CDB Aviation, Aviation Capital Group, AerCap, Avolon, Dubai Aerospace Enterprise, BBAM (Babcock & Brown Aircraft Management), Air Lease Corporation and SMBC Aviation Capital.
Does Azorra have an API?
No public API is recorded for Azorra.