Dubai, UAE -Novus Aviation Capital (“Novus”) launches SAF One Energy Management Limited “SAF One”,a new platform, focused on the development of sustainable aviation fuel (SAF). SAF One aims to provide reliable and competitive SAF solutions to the aviation industry, supporting IATA’s goal to reduce carbon emissions and promote a circular economy.
SAF One is being launched by Novus in partnership with Sencirc Holdings Ltd, an ADGM investment company with a portfolio of holdings in the circular economy. SAF One will leverage Novus Aviation Capital’sexpertise in aviation finance and leasing, the Novus principals’ experience in sustainable energy, and Sencirc’s experience in the circular economy.
Mounir Kuzbari, co-founder of SAF One and co-CEO of Novus said, “We are excited to launch SAF One, and as a leading aircraft lessor, are committed to supporting the aviation industry’s efforts to reduce its carbon footprint and offer another attractive product to our customers. We see SAF One as being able to play an important role in driving the development of sustainable aviation fuel, which we believe is critical to achieving our industry’s environmental goals.”
According to Sencirc’s founder Deepak Munganahalli , SAF One’s vision is to be a global leading platform that delivers SAF solutions to the aviation industry: “We are excited to work with Novus to establish SAF One. As a company focused on the circular economy, we recognize the importance of supporting sustainable practices across all industries. The aviation industry is pushing to reduce its carbon footprint and SAF One has been positioned to drive change in this area.”
SAF One will focus on engaging with airlines, airports, and other industry stakeholders to develop SAF solutions that are both environmentally and economically sustainable. By working closely with industry partners, SAF One will support the aviation industry to work towards meeting its sustainability targets while maintaining a viable business model that delivers value to its stakeholders.
– END –
About SAF One Energy Management Limited:
SAF One Energy Management Limited, registered in the Dubai International Financial Centre is a development platform focused on delivering sustainable aviation fuels (SAF) to the global aviation industry. SAF One’s mission is to provide innovative solutions with the aim to reduce carbon emissions and support the transition to a more sustainable future for aviation.
For more information visit www.saf-one.co
About Novus Aviation Capital:
Novus is an independent, privately-held aircraft leasing platform, focused on investing in commercial aircraft assets since 1994. The Novus team operates out of its four global offices in the Middle East, Europe and Asia.
For more information www.novus.aero.
Sencirc is an investment company with a portfolio of holdings in the circular economy. The company invests and partners in an ecosystem that allows conversion of different forms of waste inputs into valuable and sustainable outputs.