Turkish Airlines Joins SAFFA Fund
In New York, Turkish Airlines signed an agreement to participate in SAFFA Fund I, an investment fund managed by Burnham Sterling Asset Management with an objective to accelerate the production of sustainable aviation fuel.
Established in December 2023, the SAFFA Fund was launched to increase the production capacity of sustainable aviation fuels and support the carbon reduction targets of the aviation sector.
“With this investment in the SAFFA Fund we aim not only to contribute to the development of the sustainable aviation fuel ecosystem but also to maintain our active role in supporting innovative projects that shape the future of the industry,” said Levent Konukcu, deputy general manager of Turkish Airlines. “The strong international collaborations established through the SAFFA Fund will enable us to reinforce our supply security and contribute to the transformation of the global aviation sector while supporting our access to sustainable aviation fuels.”
Category: Fuels
