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			  (11 Jan 2022) 
			   Azorra, an US-based aircraft lessor focused on 
			  executive, regional and mid-size aircraft, has signed a purchase 
			  agreement with Airbus for twenty two A220 Family aircraft including twenty 
			  A220-300s and two ACJ TwoTwenty aircraft. The 
			  A220, purpose-built for the 100-150 seat 
			  market, is powered by Pratt & Whitney’s latest-generation PW1500G geared 
			  turbofan engines. The aircraft features a 50% reduced noise footprint and up 
			  to 25% lower fuel burn per seat compared to previous generation 
			  aircraft, as well as around 50% lower NOx emissions than industry 
			  standards. The ACJ TwoTwenty combines intercontinental range to fly over 12 flight 
			  hours with 73 sqm of floor space.   Azorra Airbus A220-300“The A220 is ideally suited for 
			  Azorra’s growing portfolio. We are excited to partner with Airbus 
			  on this popular, next generation aircraft. We look forward to 
			  offering its superior economics and environmental efficiency to 
			  our customers,” said John Evans, CEO of Azorra. “We are also 
			  thrilled with the opportunity to expand Azorra’s executive jet 
			  leasing business with the new ACJ TwoTwenty. Azorra’s new 
			  partnership with Airbus and unique ability to offer fleet 
			  transition solutions for airlines and executive jet leases to 
			  business aviation customers are key differentiators that bring 
			  significant value to our customers.” As of the end of 
			  December 2021, the A220 had accumulated 668 orders from 25 
			  customers. To date, 13 airlines are operating around 190 aircraft 
			  on four continents. “We warmly welcome 
			  Azorra as a new Airbus partner and salute this decision by a 
			  renowned player in the regional aviation space. We have seen a 
			  significant market appetite for the A220 Family from a growing and 
			  diverse customer base. The addition of Azorra’s capabilities in 
			  the regional airline segment is a welcome endorsement for the A220 
			  versatility,” said Christian Scherer, Airbus Chief Commercial Officer and Head of Airbus International. “This agreement will 
			  enhance Azorra’s portfolio strategy of investing in the most 
			  comfortable and modern technology aircraft in this segment while 
			  it will also enable us to offer A220 Family solutions to an 
			  increasingly wider spectrum of airlines.”
 
 
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