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Azorra Announces Acquisition of DAE’s Airbus A220-300 Orderbook

Azorra has today announced that they have acquired Dubai Aerospace Enterprise’s (DAE’s) Airbus A220-300 orderbook, which includes eight of the type, including two currently on lease to TAAG Angola Airlines.


TAAG Angola Airlines Airbus A220-300 - Courtesy Airbus
TAAG Angola Airlines Airbus A220-300 - Courtesy Airbus

On Tuesday (May 5, 2026), Fort Lauderdale, Florida-based aircraft lessor Azorra announced that they have acquired an orderbook of Airbus A220-300’s from Dubai Aerospace Enterprise (DAE).  The acquisition includes eight A220-300 aircraft, including two that are currently on lease to TAAG Angola Airlines, marking Azorra’s first aircraft on lease with the carrier. The remaining six aircraft are scheduled for delivery in 2027 and 2028, increasing Azorra’s total A220-300 commitments to 15 aircraft.  The A220s will be powered by Pratt & Whitney PW1500G engines, and placed with airline customers globally.


In Tuesday’s announcement, Azorra’s VP – Commercial, Andrew Zavatsky, said,


“Acquiring DAE’s A220 orderbook strengthens our position in the small narrowbody segment and reflects growing demand for new generation, fuel efficient aircraft.  The assignment of these aircraft underscores our long-standing partnership with Airbus and DAE, as well as our capacity to deploy capital at scale.  The A220 has already proven to be a highly efficient and desirable aircraft for airlines globally, and we are strong believers in the program and its compelling economics.  Our expanding small narrowbody portfolio firmly establishes Azorra as a leading lessor in the A220 segment.”


Fort Lauderdale, Florida-based Azorra is a relationship driven aircraft lessor that provides leasing, financing, fleet transition and asset management solutions to investors, financiers and airline operators worldwide.  The Company’s multi-cultural team reflects the global markets they serve, and includes core competencies in aviation law, aircraft finance, maintenance, marketing, sales, trading and leasing.  Azorra currently owns and manages a fleet of 183 owned and managed aircraft, 96 owned engines and airframes, and a commitment pipeline of 23 aircraft, 4 engines, and 1 airframe.  Including commitments and orders for new Airbus A220-300 aircraft and Embraer E190/195-E2 aircraft, Azorra’s total fleet comprises 309 assets.  Azorra also has an office in Dublin, Ireland.

 

 

Source: Azorra

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