![\"Turkish](\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/07\/Screenshot_2026-07-27_at_08.13.54-300x0.png\")
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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. While investing in SAF projects that have reached technological maturity, SAFFA Fund aims to contribute to the development of sustainable fuel supply through a diversified portfolio structure across different production technologies and geographical regions. Managed by BSAM, with Airbus serving as the anchor investor, the Fund\u2019s participants also include leading airlines and prominent global aviation and financial institutions.<\/p>\n
Turkish Airlines\u2019 participation in the fund has not only supported access to sustainable aviation fuels but also enabled T\u00fcrkiye\u2019s national flag-carrier to position itself closer to investment, feedstock development, and technology projects that shape the future of the sector, further consolidating its strategic position in line with its sustainable growth and supply security targets in aviation. Furthermore, this investment deepens Turkish Airlines\u2019 shared sustainability objectives with Airbus, within the scope of sustainability activities and supply security.<\/p>\n
Commenting on the SAFFA Fund, Turkish Airlines Chief Investment & Strategy Officer Levent Konukcu stated: \u201cWith 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. 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.\u201d<\/p>\n
Michael Dickey Morgan, Executive Managing Director of Burnham Sterling Asset Management LLC added: \u201cSAFFA Fund was built to channel capital into SAF projects across a mix of investments and geographies. Turkish Airlines\u2019 investment adds scale to that strategy and evidences the confidence the Fund\u2019s participants have in this asset class. Turkish Airlines\u2019 commitment to the SAFFA Fund is a strong signal that the world\u2019s leading carriers see this transition as essential for the long term. We\u2019re proud to help drive that progress forward.\u201d<\/p>\n
Turkish Airlines will continue to support the industry\u2019s transformation through strategic partnerships and investments that will contribute to the widespread adoption of sustainable aviation fuels. The national flag carrier will continue its efforts to reduce its environmental impact in line with its vision for sustainable growth.<\/p>\n
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