Azorra adds its first widebody aircraft to its portfolio, having successfully completed the novation of a Boeing B777-300ER* aircraft on lease with Air France.

John Evans, CEO and founder of Azorra, says: “We’re thrilled to grow our relationship with Air France. This transaction marks the start of a new era for Azorra as we continue to diversify our growing portfolio by opportunistically acquiring aircraft such as the Boeing 777.”

The financing of this aircraft comes from the US$300 million term financing facility announced last week for 14 former Voyager Aviation Holdings (VAH) aircraft, in conjunction with BNP Paribas (BNPP), Deutsche Bank (DB) and MUFG.