Cathay adds 3 new partners to its Corporate SAF Programme

New SAF supply partnerships in broader Asia region
2024-01-17
/
/ New Delhi
Cathay Pacific
Cathay adds 3 new partners to its Corporate SAF Programme

Cathay is among the first airlines in the world to announce a target of 10 pc SAF for its total fuel use by 2030

Cathay has welcomed three new partners into Cathay’s Corporate Sustainable Aviation Fuel Programme to achieve its goal of NetZero by 2050.
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Cathay Pacific, the largest carrier of Hong Kong and a member of the oneworld global airline alliance, has joined forces three new partners to the Corporate Sustainable Aviation Fuel (SAF) Programme following its successful launch in 2022. 

According to a press statement by Cathay, with this alliance it aims to promote the use of Sustainable Aviation Fuel and achieve its goal of NetZero by 2050. Cargo customers Dimerco Express Group and Yusen Logistics, as well as the programme’s first non-governmental organisation (NGO) partner Business Environment Council, have joined Cathay to promote the wider adoption of renewable energy by the aviation industry to decarbonise their business travel and cargo shipments.

Cathay says these new partners also join the programme’s launch customers, including AIA, Airport Authority Hong Kong (AAHK), Kintetsu World Express (KWE), PwC China, Standard Chartered and Swire Pacific. Cathay says its Corporate SAF Programme partners are committed to reducing the climate impact from their business travel and airfreight activities through scaling up the use of SAF.

Ronald Lam, Group Chief Executive Officer

Ronald Lam

“Cathay is undertaking a multi-pronged approach to contribute to the aviation industry’s transition towards a greener future. SAF is an important facet of this approach, and we have received strong support from our corporate and cargo customers since the launch of our Corporate SAF Programme. We have also established new SAF supply partnerships in the broader Asia region to convey a clear message to the SAF supply chain that there is firm demand from this part of the world,” says Cathay Group CEO Ronald Lam.

“We would like to warmly welcome our new partners, and express our gratitude to our original launch customers for their continued support of the programme. We look forward to welcoming other interested companies to sign up to reduce their indirect emissions from flight-related activities, and join our mission to be Greener Together,” Lam adds.

The statement adds that SAF is considered to be the most important lever for decarbonising airline operations over the next few decades, before alternatively powered aircraft can be widely deployed in commercial operations. Compared to conventional jet fuel, SAF can reduce over 80 pc of carbon emissions on a lifecycle basis, depending on the SAF technology and feedstock used. 

Cathay says it was among the first airlines in the world to announce a target of 10 pc SAF for its total fuel use by 2030. Since then, it uplifted SAF at Hong Kong International Airport for the first time in 2022 and successfully conducted its first overseas SAF uplifts on commercial flights at Singapore Changi Airport and Los Angeles International Airport last year.

The statement adds that the SAF Cathay used over the past year was made from used cooking oil and animal fat waste and was made available by its fuel suppliers, ExxonMobil and Shell. Last year, Cathay and State Power Investment Corporation (SPIC) signed a Memorandum of Understanding to drive the further development of the SAF supply chain in China. 

In addition to increasing the use of SAF, Cathay says its carbon reduction roadmap includes fleet modernisation, operational efficiency improvements, leveraging on emerging technology breakthroughs to decarbonise aviation, and high-quality carbon offset projects. 

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