Turkish Airlines invests in SAFFA Fund to accelerate sustainable aviation fuel

Turkish Airlines invests in the SAFFA Fund

Farnborough, United Kingdom – Turkish Airlines has announced its investment in SAFFA Fund I, LP, an investment fund managed by Burnham Sterling Asset Management that is intended to speed up the production and uptake of sustainable aviation fuel (SAF).

Established in 2023, the fund invests in mature commercial SAF projects across a range of production technologies and geographical regions, with the aim of increasing the worldwide supply of the fuel.

Airbus is the fund’s anchor investor, alongside other airlines, aviation-sector companies and financial institutions.

Long-term SAF strategy

Turkish Airlines’ participation in the SAFFA Fund supports the airline’s long-term sustainability strategy by broadening access to SAF and providing exposure to emerging technologies, feedstock development and production projects.

The move also improves supply-chain security, helping the company meet its carbon-emissions reduction objectives.

The SAFFA Fund was established to channel capital into scalable SAF projects, seeking to expand production capacity and support the aviation industry’s transition towards lower-emission operations.