Airbus and the Cathay Group will jointly invest up to USD 70 million to accelerate the production of sustainable aviation fuel (SAF).
With a view to expanding supply beyond 2030, the two companies will identify, evaluate, and invest in production projects. Selection criteria will include commercial viability, technology maturity, and the prospects for long-term offtake agreements.
They will collaborate across the value chain, from feedstock supply to customers, and will jointly advocate for policies that support both supply and demand across Asia. Taking into account the region’s feedstock availability, production capacity, and air travel demand, they aim to promote adoption and lower costs.
The Cathay Group currently operates 86 Airbus aircraft and expects to take delivery of more than 70 additional aircraft.
