Airbus and CATHAY PAC AIR plan to invest USD 70 million to develop sustainable aviation fuel
On October 21, news emerged that Airbus and CATHAY PAC AIR issued a statement announcing that they have reached an agreement to jointly invest no more than $70 million in a sustainable aviation fuel project. The statement indicated that the two companies will work together to promote the expansion of sustainable aviation fuel production scale through selection, evaluation, and investment cooperation over the period of 2030 and beyond. The project review will comprehensively consider core indicators such as commercial viability, technological maturity, and long-term purchasing potential
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