Cathay Pacific and Singapore Airlines to Collaborate on Sustainable Initiatives

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(06/06/24)
 Cathay Pacific and Singapore Airlines have
signed a memorandum of understanding to collaborate on
a broad range of sustainability initiatives designed to advance
the development and use of sustainable aviation fuel (SAF) in the
Asia-Pacific region.

The agreement, which focuses on two key areas,
underscores both carriers’ commitment to achieving net zero carbon
emissions by 2050, and affirms their aspiration to help drive
sustainability changes in the airline industry.

“Singapore Airlines is committed to
embedding sustainability in all aspects of our operations. At the
same time, we recognise that we cannot achieve our targets alone,”
said Goh Choon Phong, CEO,
Singapore Airlines. “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.”

The two airlines will promote
the use of SAF in the Asia Pacific region by raising public awareness about
such SAF’s
critical role in decarbonising aviation, advocating for supportive
policies in the region, and encouraging the creation of a standard
global accounting and reporting framework to ensure the
transparency and verifiability of emission reductions from the use
of the fuel.

The second area of focus covered by the MOU
will be the exchange of best practices to reduce single use
plastics, minimise waste, and improve energy efficiency in ground
and cargo operations.

“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 Officer, Cathay Group.
“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. Cathay was one of the
first airlines in Asia to set a target of 10% SAF for its total
fuel consumption by 2030, and we are undertaking a multi-pronged
approach to contribute to the aviation industry’s transition
towards a greener future.”

The airlines will also explore potential
opportunities for joint procurement of SAF at select locations.

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