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Cathay, Airbus to invest up to $70mn in SAF projects

  • Market: Biofuels, Emissions
  • 22/10/25

Hong Kong's Cathay and European aircraft provider Airbus have announced a joint investment agreement of up to $70mn, to accelerate the development of sustainable aviation fuel (SAF) production in Asia and globally.

The agreement was announced and signed at a ceremony on the sidelines of the IATA World Sustainability Symposium in Hong Kong on 21 October.

Under the agreement, the two companies will work to identify, evaluate and invest in projects, likely in ones which start producing SAF around 2030, said Julien Manhes, head of SAF and carbon dioxide removal development at Airbus, during the media briefing. Projects will be assessed based on their commercial viability, technological maturity and potential for long-term offtake.

More details of the selected projects will be released in time, and that they are looking at both ones in Asia, as well as globally, the companies said.

The partnership also includes collaboration to advocate for supportive SAF policies on both the supply and demand side across Asia.

Cathay Pacific was also announced as one of the airlines participating in the Oneworld BEV Fund in September. The investment fund was launched by airlines and Breakthrough Energy Ventures (BEV), aimed at augmenting SAF supply. BEV is a US-based investment firm started by Microsoft co-founder and philanthropist Bill Gates, to launch and grow decarbonisation-focused energy entities. The fund focuses on next-generation SAF technologies with the potential to scale significantly and reduce costs, Cathay said.

In complement to this, the latest Cathay-Airbus partnership will target more mature SAF opportunities to accelerate near- to medium-term availability of the fuel.


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