Fort Lauderdale, Florida-based aircraft lessor Azorra has acquired nine General Electric CF34-10E engines from Dubai Aerospace Enterprise (DAE) Ltd, bolstering its engine leasing platform and deepening ties with the Dubai-headquartered lessor.
The CF34-10E engines power Embraer E190 and E195 regional jets. Azorra plans to integrate them into its existing portfolio for lease to global airline customers, addressing current market challenges including maintenance delays and limited shop visit availability.
Shahin Mehrabanzad, Azorra’s Vice President of Engine Programs and Support Solutions, stated: “Our latest engine portfolio acquisition with DAE underscores the strength of our relationship and focus on attractive, high-demand engine assets. In today’s environment, where maintenance delays and 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 operations.”
This deal follows Azorra’s May 2025 purchase agreement for 49 Embraer E-Jet aircraft and two GE CF-34 engines from DAE. Prior transactions include acquisitions of aircraft formerly owned by Nordic Aviation Capital.
As of April 2026, Azorra owns and manages 280 aircraft and engines. Including commitments and orders for new Airbus A220-100/300 and Embraer E190/195-E2 aircraft, its total portfolio exceeds 300 assets. The lessor, headquartered in Fort Lauderdale with an office in Dublin, provides leasing, financing, and asset management to airlines worldwide.