Cathay Pacific and Singapore Airlines Partner to Advance Sustainability Initiatives

Cathay Pacific and Singapore Airlines (SIA) have entered into a Memorandum of Understanding (MoU) to collaborate on various sustainability initiatives. This agreement, formalised by Cathay Group CEO Ronald Lam and SIA CEO Goh Choon Phong, was signed in Dubai during the 80th International Air Transport Association (IATA) Annual General Meeting and World Air Transport Summit.

This collaboration aims to advocate for the development and utilisation of sustainable aviation fuel (SAF) within the Asia-Pacific region, a critical step in decarbonising the aviation sector. Additionally, the partnership will facilitate the exchange of best practices to enhance sustainability performance across both airlines.

Key Focus Areas:

Promoting Sustainable Aviation Fuel (SAF):

Cathay and SIA will jointly work to increase public awareness about the importance of SAF in reducing aviation emissions. The airlines will also advocate for supportive policies within the region and push for a global standard in accounting and reporting frameworks to ensure transparency in emission reductions. Furthermore, they will explore joint procurement opportunities to bolster SAF production and adoption.

Sharing Best Practices for Operational Sustainability:

The partnership will also focus on reducing single-use plastics, minimising waste, and improving energy efficiency in ground and cargo operations. Both airlines aim to accelerate the development and implementation of sustainable solutions by sharing strategies and practices.

Leadership Insights:

Mr. Ronald Lam, CEO of Cathay Group, emphasised the collaborative ethos behind this partnership: “As part of our ‘Greener Together’ initiative, we actively seek partnerships with industry leaders to transition to sustainable aviation. Our collaboration with Singapore Airlines aims to accelerate the development of the SAF supply chain, fostering a reliable ecosystem that supports the industry’s decarbonization goals. Cathay has been a pioneer in Asia, setting a target of 10% SAF usage by 2030, and we continue to take a multi-faceted approach towards a greener future.”

Mr. Goh Choon Phong, CEO of Singapore Airlines, echoed these sentiments, stating: “Singapore Airlines is dedicated to integrating sustainability into every aspect of our operations. We acknowledge that our goals cannot be achieved in isolation. This partnership with Cathay reflects our shared ambition to enhance sustainability efforts in the Asia-Pacific region. Together, we are laying the groundwork for a more sustainable aviation industry, ensuring that future generations benefit from air travel.”

Commitment to Net Zero by 2050:

The MoU highlights both airlines’ commitment to achieving net zero carbon emissions by 2050. This partnership not only reinforces their dedication to sustainable practices but also sets a benchmark for the industry, demonstrating how collaboration can drive significant environmental progress.

As the aviation industry faces increasing pressure to reduce its carbon footprint, the Cathay-SIA partnership serves as a promising example of how leading carriers can work together to pioneer sustainable solutions and advocate for broader industry changes. This collaboration marks a pivotal step towards a more sustainable future for aviation in the Asia-Pacific region and beyond.