Will a $70 million Cathay and Airbus deal finally scale SAF across Asia?

Cathay Group and Airbus have joined forces. They will invest $70 million together. This money helps grow Sustainable Aviation Fuel (SAF). The focus is on the Asian market. This deal marks a big step. It aims to make flying greener.

Investing in Greener Skies

The partnership will find new SAF projects. They want to make fuel production faster. SAF is made from waste materials. It can cut carbon emissions by 80%. Many airlines want to use it now. But there is not enough SAF. This investment helps solve that problem.

Why Asia is Key

Asia is a major hub for travel. It also has many raw materials. These materials can become aviation fuel. Cathay Pacific wants 10% SAF by 2030. Working with Airbus makes this goal easier. The IATA supports these green efforts. They want the industry to be net-zero.

Key Details of the Deal

• Total investment reaches $70 million.
• Focus is on commercial viability.
• Targets the global supply chain.

Building a Supply Chain

The $70 million will support new tech. It will help build SAF factories. This creates a steady fuel supply. It also lowers the cost of SAF. High costs are a big challenge today. Both companies believe in this path. They want to lead the way in Asia.

Industry Impact

This move affects the whole industry. Other airlines may follow this lead. Regulators are watching these green deals. It shows that big players are serious. Decarbonization is now a real business goal. It is no longer just a dream.

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