Azorra expands engine portfolio with DAE deal

Azorra has announced the successful acquisition of nine General Electric CF34-10E engines from Dubai Aerospace Enterprise (DAE).

The CF34-10E engines, which power Embraer E190 and E195 aircraft, will be incorporated into Azorra’s existing engine portfolio and leased to airline customers worldwide.

Shahin Mehrabanzad, Vice President – Engine Programmes and Support Solutions, said: “Our latest engine portfolio acquisition with DAE underscores both the strength of our relationship and our focus on attractive, high-demand engine assets.

“In the current environment, where maintenance delays and extended 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 ongoing operations. It is a clear example of how we identify market opportunities and deliver practical solutions for our customers, and we thank DAE for their continued collaboration.”

The acquisition follows a separate agreement in May 2025 under which Azorra agreed to acquire 49 Embraer E-Jet aircraft and two General Electric CF34 engines from DAE.

As of April 2026, Azorra’s portfolio of owned, managed and committed aircraft and engines exceeds 300 assets.