Cathay Pacific to purchase 38m US gallons of SAF from Aemetis

Cathay Pacific announced today the signing of an offtake agreement with Aemetis for the supply of US$38m US gallons of blended SAF to be delivered over seven years beginning in 2025 from San Francisco International Airport. The SAF purchased can reduce more than 80,000 tonnes of lifecycle carbon emissions, equivalent to the amount of carbon sequestered by more than 1.3m tree seedlings grown for 10 years. The agreement is also part of the joint procurement initiative for SAF by the oneworld alliance. CEO Augustus Tang said: “Cathay Pacific continues to reaffirm its commitment to addressing climate change despite these challenging times. In the past few years, we have announced our carbon net-zero by 2050 target and our goal of achieving 10% use of SAF by 2030. In doing this, we have built a robust SAF procurement strategy to help meet our goals. 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.”<br/>