Hong Kong-based flag carrier Cathay Pacific and European Aerospace manufacturing giant Airbus have agreed to co-invest up to $70 million to accelerate Sustainable Aviation Fuel (SAF) production in Asia and across the globe. An agreement announced in Hong Kong during the International Air Transport Association (IATA) World Sustainability Symposium, this partnership will identify and fund commercially viable, technologically mature projects with strong long-term potential.

The goal of this project, according to its leaders, Alex McGowan from Cathay and Anand Stanley from Airbus, will be to help scale SAF towards 2030 and beyond. These two companies will also advocate for supportive SAF policies across Asia, leveraging the region's feedstocks and demand. This deal complements Cathay's r

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