Oaktree Capital Management to invest $350m in Azorra Aviation.

Private equity firm Oaktree Capital Management agreed to invest $350m in Azorra Aviation, a relationship-driven commercial aircraft lessor. "We are thrilled to align with Oaktree as we shape Azorra’s platform to meet the unique needs of airlines during an extraordinary time in commercial aviation. Together with Oaktree, we are positioned to bring innovative fleet rationalization, transition and financing solutions on existing fleets and new aircraft for airline customers and OEMs," John Evans, Azorra CEO.