23 Apr 2026
#4 April 2026: Irish Aircraft Leasing Newsletter
Azorra Acquires Nine GE CF34-10E Engines from DAE
Azorra has acquired nine GE CF34-10E engines from Dubai Aerospace Enterprise (DAE), strengthening its engine leasing platform. The engines, which power Embraer E190 and E195 aircraft, will be leased globally, supporting airline operations amid ongoing maintenance and supply chain constraints.
Clover Aviation Capital and Wizz Air Announce Sale and Leaseback Transaction
Clover Aviation Capital has completed a sale and leaseback transaction for multiple PW1133GA-JM engines with Wizz Air. The engines will be placed on long-term lease, expanding Clover’s engine financing portfolio while supporting Wizz Air’s fleet requirements.
CDB Aviation Delivers First Airbus A321LR to Icelandair
CDB Aviation has delivered the first of two Airbus A321LR aircraft to Icelandair under a long-term lease agreement signed in 2024. The second aircraft is expected later in 2026, supporting Icelandair’s fleet modernisation with improved efficiency and extended range capability.
Acumen’s Take
On Azorra’s Engine Acquisition
The acquisition highlights the strategic importance of engine assets in today’s constrained MRO environment. Access to available engines and green time remains critical for maintaining fleet utilisation and operational continuity.
On Clover’s Engine Leaseback with Wizz Air
The transaction reflects growing demand for engine-focused financing solutions. Sale and leaseback structures provide airlines with capital flexibility while enabling lessors to expand into high-demand asset segments.
On CDB Aviation’s A321LR Delivery
The A321LR continues to gain traction as airlines prioritise long-range narrowbody aircraft for network optimisation. Such assets offer a balance of efficiency, flexibility, and lower operating costs for medium to long-haul routes.
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