Published on : Tuesday, October 5, 2021
Cathay Pacific recently decided to reaffirm its commitment to reaching net-zero carbon emissions by 2050 by pledging to use sustainable aviation fuel (SAF) for ten per cent of its total fuel consumption by 2030. The carrier has made pioneering efforts in supporting SAF development for more than a decade.
It was the first airline investor in Fulcrum BioEnergy in 2014, from which the airline has already committed to purchasing 1.1 million tonnes of SAF over ten years, which will cover around two per cent of its pre-Covid-19 fuel requirements on an annual basis.
Cathay expects to begin taking delivery of SAF produced by Fulcrum and using it on a wider basis for its flights departing the US from 2024 onwards, when Fulcrum can scale up its production. The airline was also the first to partner with Airbus to use SAF on new aircraft delivery flights from its facility in Toulouse, France.
Since the partnership started in 2016, Cathay Pacific has taken delivery of over 40 brand new aircraft using blended SAF. Augustus Tang, Chief Executive, Cathay said in a statement that the use of sustainable aviation fuel is key to decarbonising operations over the next few decades. He mentioned that Cathay Pacific already has a head start in the space with investment and offtake agreement with Fulcrum BioEnergy.
He shared that the new commitment to have SAF comprise ten per cent of the total fuel consumption by 2030 is a clear signal of the company’s determination to achieve net-zero emissions target and to be a leader in the fight against climate change. He further added that the ability to achieve this target does not rest with airlines alone.
He concluded that the airline is calling on support from various stakeholder groups to help make it a reality, from policy makers, the energy sector, aircraft and engine manufacturers, and even customers, who are keen to reduce their carbon footprint. He said that the ambitious goal can only be fulfilled by joining all hands together.