Airbus and Cathay Group to jointly invest $70M in SAF

In China, Airbus and the Cathay Group have announced a joint investment of up to $70 million to accelerate the development of sustainable aviation fuel (SAF) production in Asia and globally. 

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 towards 2030 and beyond. Projects will be assessed based on their commercial viability, technology maturity, and potential for long-term offtake.