Novus Aviation Capital Launches SAF One

Novus Aviation Capital Launches SAF One

May 23, 2023 0

Novus Aviation Capital, a prominent player in the aviation industry, has recently unveiled SAF One Energy Management Limited, a pioneering platform dedicated to the advancement of sustainable aviation fuel (SAF). With a focus on delivering reliable and competitive SAF solutions, SAF One aims to support the International Air Transport Association’s (IATA) ambitious objective of reducing carbon emissions and fostering a circular economy within the aviation sector.

SAF One emerges as a collaborative initiative between Novus Aviation Capital and Sencirc Holdings Ltd, an investment company based in the Abu Dhabi Global Market (ADGM) known for its diversified portfolio in the circular economy. By leveraging Novus Aviation Capital’s profound expertise in aviation finance and leasing, the sustainable energy background of Novus principals, and Sencirc’s extensive experience in circular economy practices, SAF One is poised to make significant strides in the realm of sustainable aviation fuel.

Co-founder and co-CEO of Novus, Mounir Kuzbari, expressed the critical role he envisions SAF One playing in driving the development of sustainable aviation fuel. Kuzbari firmly believes that sustainable aviation fuel is a pivotal component in achieving the industry’s environmental goals, making SAF One’s mission all the more significant.

The launch of SAF One comes at a time when the aviation industry is actively seeking innovative and sustainable solutions to address its environmental impact. As the world grapples with the challenges posed by climate change, reducing carbon emissions has become a paramount concern. SAF One aims to be at the forefront of this endeavor by offering comprehensive and competitive sustainable aviation fuel options that pave the way for a greener and more responsible aviation industry.

The collaboration between Novus Aviation Capital and Sencirc Holdings Ltd represents a strategic partnership that combines complementary expertise from both entities. Novus Aviation Capital’s extensive knowledge in aviation finance and leasing, coupled with their commitment to sustainability, creates a strong foundation for SAF One’s success. Likewise, Sencirc Holdings Ltd’s proficiency in circular economy investments positions them as valuable contributors to SAF One’s mission of promoting sustainable aviation fuel.

The establishment of SAF One aligns closely with the objectives set forth by IATA, which has been actively advocating for the adoption of sustainable aviation fuel as a key strategy for reducing the aviation industry’s carbon footprint. IATA’s ambitious goals are centered on achieving carbon-neutral growth for the aviation sector by 2020 and reducing net aviation CO2 emissions by 50% by 2050, compared to 2005 levels. SAF One’s entry into the market signifies a significant step forward in realizing these objectives and accelerating the transition towards a greener aviation ecosystem.

As the demand for sustainable aviation fuel continues to rise, SAF One aims to emerge as a trusted and reliable provider of innovative solutions. By leveraging its expertise, industry partnerships, and commitment to sustainability, SAF One is well-positioned to make a substantial impact on the aviation sector’s sustainability journey.

SAF One emerges as a collaborative initiative between Novus Aviation Capital and Sencirc Holdings Ltd, an investment company based in the Abu Dhabi Global Market (ADGM) known for its diversified portfolio in the circular economy. By leveraging Novus Aviation Capital’s profound expertise in aviation finance and leasing, the sustainable energy background of Novus principals, and Sencirc’s extensive experience in circular economy practices, SAF One is poised to make significant strides in the realm of sustainable aviation fuel.

Co-founder and co-CEO of Novus, Mounir Kuzbari, expressed the critical role he envisions SAF One playing in driving the development of sustainable aviation fuel. Kuzbari firmly believes that sustainable aviation fuel is a pivotal component in achieving the industry’s environmental goals, making SAF One’s mission all the more significant.

The launch of SAF One by Novus Aviation Capital demonstrates a proactive and forward-thinking approach to addressing the aviation industry’s environmental challenges. By championing sustainable aviation fuel development and offering competitive solutions, SAF One exemplifies the industry’s commitment to a greener and more sustainable future.

Swati Gupta
swati
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