Cathay and Singapore Airways to collaborate on sustainability initiatives

Cathay and Singapore Airways (SIA) have signed a Memorandum of Understanding (MoU) to collaborate on a broad vary of sustainability initiatives. These collective efforts are geared toward advocating for the event and use of sustainable aviation gas (SAF) within the Asia-Pacific area, a vital decarbonisation lever for the sector, and sharing finest practices to spice up sustainability efficiency.

The MoU was signed by Cathay Group Chief Government Officer (CEO) Mr Ronald Lam and Singapore Airways CEO Mr Goh Choon Phong in Dubai, the United Arab Emirates, on the sidelines of the 80^th Worldwide Air Transport Affiliation (IATA) Annual Basic Assembly and World Air Transport Summit.

The settlement, which focuses on two key areas, underscores each carriers’ dedication to reaching internet zero carbon emissions by 2050, and affirms their aspiration to assist drive sustainability modifications within the airline trade.

Firstly, Cathay and SIA will collectively advocate for the larger use of SAF within the Asia-Pacific area. Initiatives on this space will embody elevating public consciousness about SAF’s vital position in decarbonising aviation, advocating for supportive insurance policies within the area, and selling the creation of a normal world accounting and reporting framework to make sure the transparency and verifiability of emission reductions from using the gas. The airways may even discover potential alternatives for joint procurement of SAF at chosen places. These are geared toward boosting SAF manufacturing and supporting its wider adoption within the airline trade.

The second space of focus would be the change of finest practices to cut back single-use plastics, minimise waste, and enhance power effectivity in floor and cargo operations. This may permit Cathay and SIA to enhance their sustainability efficiency, and pace up the event and implementation of sustainable options of their operations.

Ronald Lam, Chief Government Officer, Cathay Group, stated: “As a part of our collaborative ethos of ‘Greener Collectively’, we actively search like-minded trade leaders for strategic partnerships in transitioning to sustainable aviation. Our collaboration with Singapore Airways goals to speed up and assist the event of the SAF provide chain within the area, fostering a dependable SAF ecosystem to allow the trade to realize its long-term decarbonisation targets. Cathay was one of many first airways in Asia to set a goal of 10% SAF for its whole gas consumption by 2030, and we’re endeavor a multi-pronged method to contribute to the aviation trade’s transition in the direction of a greener future.”

Goh Choon Phong, Chief Government Officer, Singapore Airways, stated: “Singapore Airways is dedicated to embedding sustainability in all features of our operations. On the similar time, we recognise that we can’t obtain our targets alone. Our partnership with Cathay signifies our mutual ambition to reinforce collaboration in sustainability initiatives within the Asia-Pacific area. Collectively we’re serving to to set the inspiration for a extra sustainable aviation trade, and make sure that future generations proceed to reap the advantages of air journey.”