Airbus and the Cathay Group have announced a joint investment of up to US$70 million to accelerate the development of sustainable aviation fuel (SAF) production in Asia and globally. The agreement was announced in Hong Kong on the sidelines of the IATA World Sustainability Symposium at a ceremony hosted by Cathay Chief Operations and Service Delivery Officer Alex McGowan and Airbus President Asia-Pacific Anand Stanley. Under the terms of the partnership, the two companies will collaborate to identify, evaluate and invest in projects that support the scaling of SAF production…
Read MoreAirbus and Cathay form co-investment partnership for scaling sustainable aviation fuel adoption
