Cathay was the first airline investor in Fulcrum BioEnergy, from which the airline has already committed to purchasing 1.1 million tonnes of SAF over 10 years, which will cover around 2 per cent of its pre-Covid-19 fuel requirements on an annual basis.
The airline expects to begin taking delivery of SAF produced by Fulcrum and using it on a wider basis for its flights departing the US from 2024 onwards, when Fulcrum can scale up its production.
CEO Augustus Tang said: 'Our new commitment to have SAF comprise 10 per cent of our total fuel consumption by 2030 is a clear signal of our determination to achieve our net-zero emissions target and to be a leader in the fight against climate change.'
Apart from its increased usage of SAF, other key components of Cathay Pacific's carbon reduction roadmap include fleet modernisation, operational efficiency improvements, aviation and carbon capture technology innovations, and carbon offsets through its Fly Greener programme - which has offset over 300,000 tonnes of carbon emissions since 2007, the airline said.
Cathay has already pledged to cut its absolute ground emissions by 32 per cent from the 2018 baseline by 2030, through enhancing energy-saving measures and exploring renewable energy options in its premises and ground operations.