Page 19 - MRO Business Today 15th June 2024 Issue for Website

AIRLINE NEWS

leaders for strategic partnerships in
transitioning to sustainable aviation.
Our collaboration with Singapore Air-
lines 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 air-
lines 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.”
Firstly, Cathay Pacific and Singapore
Airlines will collaborate to promote the
increased use of Sustainable Aviation
Fuel (SAF) in the Asia-Pacific region.
Initiatives will include raising public
awareness about SAF’s crucial role in
decarbonizing aviation, advocating for
supportive regional policies, and pro-
moting the establishment of a standard-
ized global accounting and reporting
framework to ensure transparency and
verifiability of emission reductions from
SAF use. Additionally, the airlines will
explore joint procurement opportuni-
ties for SAF at selected locations, aimed
at enhancing SAF production and sup-
Cathay Pacific, Singapore porting its broader adoption within the
airline industry.
Goh Choon Phong, Chief Executive
Airlines Join Forces on Officer, Singapore Airlines, said “Singa-
pore Airlines is committed to embed-
Sustainability ding sustainability in all aspects of
our operations. At the same time, we
recognise that we cannot achieve our
targets alone. Our partnership with
Cathay Pacific and Singapore Airlines have signed an MoU to boost Cathay signifies our mutual ambition to
sustainable aviation fuel and share best practices in the Asia- enhance collaboration in sustainability
Pacific region. initiatives in the Asia-Pacific region.
Together we are helping to set the foun-
athay Pacific and Singapore Airlines ing (MoU) was signed by Ronald Lam, dation for a more sustainable aviation
C(SIA) have entered into a Memo- Chief Executive Officer (CEO) of Cathay industry, and ensure that future genera-
randum of Understanding (MoU) to Group, and Goh Choon Phong, CEO of tions continue to reap the benefits of
jointly pursue a variety of sustainability Singapore Airlines. The agreement, con- air travel.”
initiatives. This collaboration focuses on centrating on two key areas, highlights The second focus area will involve the
promoting the development and utiliza- both carriers’ commitment to achieving exchange of best practices to reduce
tion of sustainable aviation fuel (SAF) net-zero carbon emissions by 2050. It single-use plastics, minimize waste, and
within the Asia-Pacific region, which also reaffirms their aspiration to drive enhance energy efficiency in ground
is a vital component for the industry’s sustainability advancements within the and cargo operations. This collaboration
decarbonization efforts. Additionally, airline industry. will enable Cathay Pacific and Singapore
the partnership aims to facilitate the Ronald Lam, Chief Executive Officer, Airlines to improve their sustainability
exchange of best practices to enhance Cathay Group, stated “As part of our col- performance and accelerate the devel-
overall sustainability performance. laborative ethos of ‘Greener Together’, opment and implementation of sustain-
The Memorandum of Understand- we actively seek like-minded industry able solutions in their operations

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