Azorra Expands Engine Portfolio with DAE Acquisition of Nine GE CF34-10E Engines

Fort Lauderdale, Florida – Azorra has acquired nine General Electric CF34-10E engines from Dubai Aerospace Enterprise (DAE), bolstering its engine leasing platform.

The engines power Embraer E190 and E195 aircraft and will integrate into Azorras existing portfolio for lease to global airline customers.

Shahin Mehrabanzad, Azorras Vice President for Engine Programmes and Support Solutions, stated: Our latest engine portfolio acquisition with DAE underscores both the strength of our relationship and our focus on attractive, high-demand engine assets. In the current environment, where maintenance delays and extended shop visit timelines remain a challenge, access to available engines and green time is critical. These engines provide immediate, practical support for fleet reactivation and ongoing operations.

This deal follows a May 2025 agreement where Azorra committed to purchase 49 Embraer E-Jet aircraft and two GE CF34 engines from DAE. Those aircraft are leased to 12 customers worldwide, with closings expected by late 2025.

As of April 2026, Azorras portfolio of owned, managed, and committed aircraft and engines surpasses 300 assets, reflecting its growth in aviation leasing.

The transaction strengthens Azorras long-standing partnership with DAE amid airline demand for flexible engine solutions.