Azorra completes placement of ex-EgyptAir A220-300 portfolio

Azorra has closed the book on its ex-EgyptAir A220-300 portfolio, completing the acquisition and placement of all 12 aircraft. The last airframe has now been allocated, ending a transaction that began with the lessor’s February 2024 purchase of the package.

The fleet was redistributed across sale, lease and parts channels. Seven aircraft went to Breeze Airways, one to Cyprus Airways, and four to Delta Material Services for dismantling and spares support. That split gives Azorra immediate monetisation while keeping the airframes in the A220 ecosystem through operators and teardown activity.

The final placement matters because it confirms demand for used A220-300s even as the platform’s secondary market remains narrow. For lessors and operators, the deal underlines how quickly ex-fleet assets can be redeployed when airframe, engine and support contracts line up.