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Azorra Signs Lease Agreements for Nine New Embraer E190-E2s With Scoot

Aircraft Lessor Azorra has today announced the signing of lease agreements for nine new Embraer E190-E2 jets with Scoot, the LCC subsidiary of the Singapore Airlines Group. The aircraft will be delivered starting 2024 from Azorra’s firm orderbook with Embraer.


Rendering of Scoot Embraer E190-E2 - Courtesy Azorra Aviation

On Monday (May 22, 2023), Azorra announced the signing of lease agreements for nine new Embraer E190-E2s with Scoot, the LCC subsidiary of the Singapore Airlines Group. The aircraft will be delivered from 2024, based on Azorra’s firm orderbook with Embraer. Launched in 2012, Scoot merged with Tigerair in July 2017, retaining the Scoot brand for a new chapter of growth. The carrier operates a fleet of 50 aircraft including Boeing 787 Dreamliners and Airbus A320 Family aircraft, and will add Embraer E190-E2s from 2024. Scoot currently serves 71 destinations across 15 countries and territories in the Asia-Pacific, the Middle East and Europe.

In Monday’s announcement, Azorra’s CEO, John Evans, said,


“We are thrilled to support Scoot and its exciting expansion plan to serve more short and medium haul flights across Southeast Asia. Scoot’s selection of the E2 is a resounding endorsement of Embraer’s E2 product line and the crossover segment. With the addition of E2s, Scoot becomes the first Singapore-based airline to operate crossover aircraft, demonstrating the emerging capacity rationalization trend amongst operators globally.”


Also commenting on the new lease agreements, Scoot’s CEO, Leslie Thng, added,


“The agreement to lease the new E190-E2 aircraft positions us to further develop our Singapore hub, capturing APAC’s strong travel demand and to offer our customers more travel options with a modern fuel-efficient fleet. As the first Singaporean carrier to operate E2s, we are excited to be working with our partners at Embraer and Azorra who are helping to support our network growth and fleet strategy.”


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. Azorra currently owns and manages a fleet of 77 aircraft on lease to 24 operators in 19 countries on five continents. The company currently has commitments to acquire new Airbus A220s and Embraer E2 jets. Azorra also has offices in Dublin, Ireland and Toulouse, France.



Source: Azorra Aviation

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