Azorra expands engine portfolio with DAE deal

Azorra has acquired nine General Electric CF34-10E engines from Dubai Aerospace Enterprise (DAE). The engines, which power Embraer E190 and E195 aircraft, will join Azorra’s existing portfolio for lease to airline customers worldwide.

Shahin Mehrabanzad, Azorra’s Vice President for Engine Programmes and Support Solutions, stated that the deal provides access to available engines amid ongoing maintenance delays and extended shop visit times. He noted that these assets support fleet reactivation and operations, thanking DAE for the collaboration.

The transaction follows a May 2025 agreement in which Azorra committed to purchase 49 Embraer E-Jet aircraft and two CF34 engines from DAE. Closings for that deal began immediately and were expected by late 2025. As of April 2026, Azorra’s portfolio of owned, managed, and committed aircraft and engines exceeds 300 assets.