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As part of the company’s commitment to a sustainable industry and economically diverse future for Saudi Arabia, AviLease has signed a Memorandum of Understanding (MoU) with the Saudi Investment Recycling Company (SIRC) to launch the production and distribution of sustainable aviation fuel (SAF) to airline customers around the world. The partnership will allow us to jointly advance the production and uptake of SAF, a global environmental imperative and a cornerstone of the Saudi Vision 2030. We have a central role in supporting the Kingdom’s aviation ecosystem to ensure economic diversification, as well as a commitment to a greener global aviation industry. Experts see SAF as key to decarbonizing aviation in the short term, using the existing aircraft fleet and infrastructure. Under the agreement, we commit to an offtake agreement and will market SAF contracts to our global airline customer base. #future #SAF #sustainable #aviation #airline #aviationindustry

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