Cathay Pacific and Singapore Airlines have agreed to join forces to promote wider adoption of sustainable aviation fuel (SAF) and boost environmental sustainability efforts across the Asia-Pacific region.
The two major carriers signed a memorandum of understanding at the 80th International Air Transport Association (IATA) Annual General Meeting and World Air Transport Summit in Dubai.
The partnership aims to drive development of a reliable SAF supply chain and create a standard global accounting framework to verify emissions reductions from using the lower-carbon fuel.
“As part of our collaborative ethos of ‘Greener Together’, we actively seek like-minded industry leaders for strategic partnerships in transitioning to sustainable aviation,” said Ronald Lam, chief executive of Cathay Pacific Group.
Lam added: “Our collaboration with Singapore Airlines aims to accelerate and support the development of the SAF supply chain in the region, fostering a reliable SAF ecosystem to enable the industry to achieve its long-term decarbonisation goals.”
Under the agreement, the airlines will jointly advocate for policies supportive of SAF, raise public awareness, and explore coordinated purchasing of SAF at selected airports. They also will exchange best practices to reduce single-use plastics, minimize waste and improve energy efficiency in ground operations.
Both Cathay Pacific and Singapore Airlines have set targets to reach net-zero carbon emissions by 2050. The Hong Kong-based airline aims for SAF to make up 10% of its fuel use by 2030.
“Our partnership with Cathay signifies our mutual ambition to enhance collaboration in sustainability initiatives in the Asia-Pacific region. Together we are helping to set the foundation for a more sustainable aviation industry, and ensure that future generations continue to reap the benefits of air travel,” said Goh Choon Phong, CEO of Singapore Airlines.
The collaborative efforts come as airlines face growing pressure from regulators and climate advocates to reduce their environmental impact amid booming air travel demand.
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