Press release
Volar Air Mobility Collaborates with Exim Finance to Pioneer Green Financing Solutions for Sustainable Aviation
Volar Air Mobility and Exim Finance have signed a Memorandum of Understanding (MoU) to collaborate on developing innovative green financing solutions that will support the commercialization of electric aircraft globally. The signing saw participation from Mr. Henry Hooi, Chairman of Volar Air Mobility Holding Company Limited, Mr. Saif Aldarmaki, Founding Partner of Volar Air Mobility Industries, Mr. Anwar Hussein, Managing Partner and Co-founder of Volar Air Mobility Industries, and Mr. Salah Ibrahim Al Nasser, Chairman of Exim Finance.
The strategic partnership between Volar Air Mobility and Exim Finance aims to advance sustainable aviation technologies while fostering economic growth within the aviation industry.
Green Financing for the Future of Air Mobility
Through this collaboration, Volar and Exim Finance will develop sustainable financing options for Volar's RX-series Electric Aircraft, including green financing solutions and carbon credit offsets. This partnership positions both entities as leaders in green aviation financing, promoting the adoption of sustainable air technologies.
Mr. Salah Ibrahim Al Nasser, Chairman of Exim Finance, commented: "We are honored to be part of this significant initiative aimed at transforming the future of aviation through sustainable practices. As a financial institution committed to supporting innovation and environmental responsibility, EXIM Finance recognizes the critical importance of green aviation in reducing the industry's carbon footprint. By partnering with key stakeholders, this Memorandum of Understanding represents a major step forward in creating a more sustainable aviation ecosystem."
Mr. Henry Hooi, Chairman of Volar Air Mobility Holding Company Limited, also expressed: "Volar Air Mobility is honored to be working with EXIM Finance on a pioneering initiative to develop a series of green financing solutions to enable green aviation. The opportunity is to co-develop pioneering solutions in UAE to enable broader adoption of green aviation globally; thus, contributing meaningful environmental impacts and fulfilling the aspirations of many including that of the UAE leadership as outlined in the UAE Net Zero by 2050."
Mr. Saif Aldarmaki, Founding Partner of Volar Air Mobility Industries, added: "This partnership reflects our shared commitment to revolutionizing the green aviation sector. By working with Exim Finance, we are taking a bold step forward in realizing the promise of electric aviation and supporting the global transition to sustainable technologies."
Mr. Anwar Hussein, Managing Partner and Co-founder of Volar Air Mobility Industries, emphasized the significance of this collaboration, stating: "With this MoU, we are laying the groundwork for the future of green aviation financing. Our combined expertise will allow us to create financing structures that support early adopters of electric aircraft and help expand the global market for eco-friendly aviation solutions."
About EXIM Finance
Exim Finance is a well-established finance facilitation company incorporated in 2017, with headquarters in Dubai, UAE. With a diverse team of experts in investment, corporate, and commercial banking, the company provides financial solutions across Asia, Africa, Europe, and North America.
About Volar Air Mobility
Volar Air Mobility is a green air mobility technology company focused on the commercialization of electric aircraft worldwide. The company holds exclusive commercialization rights for the RX-series Electric Aircraft, developed by the Liaoning General Aviation Academy (LGAA), and is dedicated to fostering sustainable aviation technologies that contribute to a greener future.
Media Contact
Company Name: Volar Air Mobility
Contact Person: Weyam Amiri
Email: Send Email [http://www.universalpressrelease.com/?pr=volar-air-mobility-collaborates-with-exim-finance-to-pioneer-green-financing-solutions-for-sustainable-aviation]
Country: United Arab Emirates
Website: https://www.volarairmobility.com/
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