Two of the world’s best airlines have agreed to synergize their efforts for improved sustainability in aviation. Asia-based Cathay Pacific and Singapore Airlines will synergize their sustainability efforts.
SUSTAINABILITY INITIATIVES
Singapore Airlines and Cathay Pacific have signed a Memorandum of Understanding to collaborate on a range of sustainability initiatives.
The collective efforts are aimed at advocating for the development and use of sustainable aviation fuel (SAF) in the Asia-Pacific region.
SAF is a critical decarbonisation lever for the sector.
Additionally, shared best practices are expected to boost sustainability performance for both airlines.
SINGAPORE AIRLINES, CATHAY PACIFIC COLLABORATE ON SUSTAINABILITY
The agreement was signed by Cathay Group Chief Executive Officer, Ronald Lam, and Singapore Airlines CEO, Goh Choon Phong, in Dubai, on the sidelines of the 80th International Air Transport Association (IATA) Annual General Meeting and World Air Transport Summit.
Ronald Lam, Chief Executive Officer, Cathay Group, said, “As part of our collaborative ethos of ‘Greener Together’, we actively seek like-minded industry leaders for strategic partnerships in transitioning to sustainable aviation. Our collaboration with Singapore Airlines aims to accelerate and support the development of the SAF supply chain in the region, fostering a reliable SAF ecosystem to enable the industry to achieve its long-term decarbonisation goals. Cathay was one of the first airlines in Asia to set a target of 10% SAF for its total fuel consumption by 2030, and we are undertaking a multi-pronged approach to contribute to the aviation industry’s transition towards a greener future.”
The agreement, which focuses on two key areas, underscores both carriers’ commitment to achieving net zero carbon emissions by 2050.
Furthermore, it affirms the carriers’ ambition to help drive sustainability changes in the airline industry.
Goh Choon Phong, Chief Executive Officer, Singapore Airlines, said: “Singapore Airlines is committed to embedding sustainability in all aspects of our operations. At the same time, we recognise that we cannot achieve our targets alone. Our partnership with Cathay signifies our mutual ambition to enhance collaboration in sustainability initiatives in the Asia-Pacific region. Together we are helping to set the foundation for a more sustainable aviation industry, and ensure that future generations continue to reap the benefits of air travel.”
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USE OF SUSTAINABLE AVIATION FUELS
According to a media statement, Cathay Pacific and Singapore Airlines will advocate for increased use of SAF in the Asia-Pacific region.
In addition, both airlines will explore potential opportunities for joint procurement of SAF at selected locations.
Ultimately, this is aimed at boosting SAF production and supporting its wider adoption in the airline industry.
SHARED BEST PRACTICES
A key focus area will be the exchange of best practices to reduce single-use plastics, minimise waste, and improve energy efficiency in ground and cargo operations.
This will therefore allow Cathay Pacific and Singapore Airlines to improve their sustainability performance.
It also aims to speed up the development and implementation of sustainable solutions in their operations.
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RAISING PUBLIC AWARENESS FOR SUSTAINABILITY
Meanwhile, the shared initiatives will include raising public awareness about SAF’s critical role in decarbonising aviation.
This will also help in advocating for supportive policies in the region.
Moreover, it aims to promote the creation of a standard global accounting and reporting framework.
This is to ensure the transparency and verifiability of emission reductions from the use of fuel.
