Airbus and Cathay partner to deliver SAF

Airbus and Cathay Group have announced a joint investment of up to $70 million (€60 million) to accelerate the development of sustainable aviation fuel (SAF) production in Asia and globally.
The agreement was announced at a ceremony hosted by Cathay chief operations and service delivery officer Alex McGowan and Airbus president Asia-Pacific Anand Stanley.
Under the terms of the partnership, the two companies will collaborate to identify, evaluate and invest in projects that support the scaling of SAF production towards 2030 and beyond.
“SAF remains the most important lever for Cathay and the wider aviation industry to drive toward our decarbonisation goals,” said McGowan. “This co-investment partnership with Airbus underscores our commitment to building a stronger, more scalable SAF industry.
“It complements our broader strategy of investing in the technologies and production capacity needed for the future, including our recent investment in the oneworld BEV SAF Fund.
“Meanwhile we are expanding SAF usage today through partnerships with like-minded organisations.”
“This agreement reflects the shared commitment of Airbus and Cathay to make a real difference,” said Stanley. “The production and distribution of affordable SAF at scale requires an unprecedented cross-sectoral approach. Our partnership with Cathay is a concrete example of how we catalyse production in the most suitable locations to serve our customers.”