Azorra has placed an order for a further 15 Embraer E2 aircraft, the fourth increase to the 20-aircraft E2 order it placed in December 2021. The lessor was in Brazil in September for Embraer's 2,000th E-Jet delivery, which was also Azorra's 10th E2 delivered to Azul.
At the Farnborough International Airshow in July, Azorra signed an agreement with Embraer to convert up to 30 E190s to freighters. Azorra sees the E190F as a replacement for older Boeing 737 freighters, citing its Stage 4 noise-compliant operations and the operating costs available through Azorra's CF34 engine programme, and describes the conversions as a way to extend the aircraft's useful life into the express cargo market.
Azorra's share of the small narrowbody leasing market stood at 19% at the end of 2025. During 2025 it acquired 49 E-Jets from Dubai Aerospace Enterprise and 13 E190s from JetBlue, and its E-Jet customers include Scoot, Airlink, Virgin Australia and LOT Polish Airlines.
Arjan Meijer, President and Chief Executive Officer of Embraer Commercial Aviation, said E-Jets remain among the most attractive assets in aviation leasing, citing their reliability, their appeal to operators and demand across primary and secondary markets, and described Azorra as a strategic partner whose confidence in the E-Jet family had helped drive the programme's success worldwide.
Azorra's Chief Executive Officer, John Evans, first ordered Embraer E1s in 2008 at Jetscape, the lessor he founded, and launched Azorra after Jetscape was sold to Nordic Aviation Capital. Azorra's first aircraft were two Phenom 300s leased to Gold Aviation, which remain on lease. The company moved into commercial aircraft in 2019 with the acquisition of five E190s from Copa Airlines, and in 2020 facilitated the sale and transition of 14 E190s from Copa to Alliance Airlines. Oaktree Capital Management invested US$350 million in Azorra in 2021 and has now invested more than US$800 million in the business.






