Airbus(US:EADSY) Cai Jing Wang·2025-10-22 04:36Core Insights - Cathay Pacific Group and Airbus announced a joint investment agreement to invest up to $70 million (approximately HKD 545 million) to promote the development of Sustainable Aviation Fuel (SAF) in Asia and globally [1] Group 1: Investment Agreement - The agreement aims to identify, assess, and invest in commercially viable, technologically mature, and long-term supply potential SAF projects, targeting increased SAF production capacity by 2030 and beyond [1] - The collaboration will also advocate for policy development to enhance the supply and demand of SAF in Asia, leveraging the region's strong potential in raw material supply, production capacity, and aviation market [1] Group 2: Complementary Initiatives - Last month, Cathay became one of the founding investors in the Breakthrough Energy Ventures (BEV) Sustainable Aviation Fuel Fund, initiated by the oneworld alliance and Bill Gates' climate investment organization [1] - This fund focuses on next-generation sustainable aviation fuel technologies with large-scale potential and cost-effectiveness, complementing the partnership with Airbus that focuses on mature SAF projects to accelerate short- to medium-term supply [1]