HONG Kong's cathay Pacific has signed an offtake agreement with Cupertino, California-headquartered renewable fuels company Aemetis for the supply of 38 million US gallons of blended Sustainable Aviation Fuel (SAF) to be delivered over seven years, starting from 2025 from San Francisco International Airport.
In a statement, Cathay said the SAF purchased can reduce more than 80,000 tonnes of lifecycle carbon emissions, equivalent to the amount of carbon sequestered by more than 1.3 million tree seedlings grown for 10 years.
The agreement is also part of the joint procurement initiative for SAF by the oneworld alliance, of which Cathay Pacific is a founding member.
Cathay's CEO Augustus Tang said: 'Cathay Pacific continues to reaffirm its commitment to addressing climate change despite these challenging times. We are pleased that this agreement with Aemetis will contribute to that effort, and we hope it will also send the right signal to the SAF industry to encourage the much-needed investment and scaling up of its supply chain.'
The blended SAF to be supplied under this agreement is 40 per cent SAF and 60 per cent Petroleum Jet A-1 fuel to meet international blending standards.
Aemetis chairman and CEO Eric McAfee said: 'The use of Sustainable Aviation Fuel by Cathay Pacific is another step by the oneworld Alliance towards lowering the environmental impact of aviation.'
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In a statement, Cathay said the SAF purchased can reduce more than 80,000 tonnes of lifecycle carbon emissions, equivalent to the amount of carbon sequestered by more than 1.3 million tree seedlings grown for 10 years.
The agreement is also part of the joint procurement initiative for SAF by the oneworld alliance, of which Cathay Pacific is a founding member.
Cathay's CEO Augustus Tang said: 'Cathay Pacific continues to reaffirm its commitment to addressing climate change despite these challenging times. We are pleased that this agreement with Aemetis will contribute to that effort, and we hope it will also send the right signal to the SAF industry to encourage the much-needed investment and scaling up of its supply chain.'
The blended SAF to be supplied under this agreement is 40 per cent SAF and 60 per cent Petroleum Jet A-1 fuel to meet international blending standards.
Aemetis chairman and CEO Eric McAfee said: 'The use of Sustainable Aviation Fuel by Cathay Pacific is another step by the oneworld Alliance towards lowering the environmental impact of aviation.'
SeaNews Turkey