Cathay Pacific: Currently, sustainable aviation fuel is still 3 to 5 times more expensive than traditional fuel

CATHAY (00293.HK) Sustainable Development General Manager Zhang Cheng'en recently stated that the group began investing in Sustainable Aviation Fuel (SAF) supply over 10 years ago. However, SAF is still 3 to 5 times more expensive than traditional fuel. Therefore, the group has launched a corporate sustainable aviation fuel program, allowing customers to collaborate with the group in the supply chain and achieve carbon reduction goals by paying the premium involved.

She added that the travel needs of corporate clients' employees contribute to carbon emissions, and converting raw materials such as waste cooking oil into SAF can be directly used in aircraft and engines, which is believed to help reduce carbon emissions by 80% per flight