Airbus and the Cathay Group have announced a joint investment of up to US$70 million to support the growth of sustainable aviation fuel (SAF) production across Asia and globally.
Unveiled during the IATA World Sustainability Symposium in Hong Kong, the agreement aims to fast-track SAF development by backing commercially viable projects that can scale up production through 2030 and beyond.
The partnership reflects growing industry collaboration to cut carbon emissions. Both companies will also work together to push for policies that support SAF adoption in Asia, a region seen as having strong potential for feedstock supply and production.
Cathay said SAF is crucial to its decarbonisation strategy, while Airbus called the agreement a practical step toward expanding global supply.
Cathay and Airbus have worked together for decades. The airline currently operates 86 Airbus aircraft, with more than 70 on order.
