Neste Supplies Sustainable Aviation Fuel to Cathay Group Scaling Up the Use of SAF Across Three Major Aviation Regions

Neste and the Cathay Group have agreed on the supply of Neste MY Sustainable Aviation Fuel™ for the group’s aviation operations across three major aviation regions: Europe, the United States, and Asia-Pacific. This agreement supports Cathay Pacific to scale up its use of sustainable aviation fuel (SAF).

Leveraging the SAF supply capabilities of Neste at major international airports, the company has been delivering blended SAF for use on Cathay Pacific flights from Amsterdam Airport Schiphol in Europe and Los Angeles International Airport in the U.S. Neste has also provided SAF to Singapore Changi Airport in the Asia-Pacific region for flights operated by Air Hong Kong, an all-cargo airline owned by the Cathay Group. The SAF is supplied into the fuel facilities of these airports blended with conventional jet fuel.

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Decarbonizing Air Travel Through Strategic Partnerships

Partnering with Neste marks a significant step toward our shared vision of decarbonizing air travel. This collaboration is among our multifaceted strategy in accelerating the adoption of SAF within our extensive network, which reinforces our commitment to innovation and sustainability, ensuring we deliver meaningful impact for our customers and the air transport industry. SAF continues to play an important role in our decarbonization journey as the most viable solution today for addressing emissions associated with flying, said Kristof Van Passel, Head of Procurement Operations & Sustainability, Cathay Pacific.

Neste is proud to support Cathay Group in its journey to reduce greenhouse gas emissions by supplying Neste MY SAF. Our global SAF production and supply capabilities offer international airlines, such as Cathay, a viable option to scale up usage of SAF, which is a key lever to reduce aviation related emissions. At the same time it enables Cathay’s customers to reduce the GHG emissions of their air travel and transport activities, said Mario Mifsud, Vice President Renewable Fuels Sales & Trading EMEA & APAC at Neste.

The Role of Sustainable Aviation Fuel in Aviation

Sustainable aviation fuel (SAF) is a renewable aviation fuel providing a lower-GHG-emission alternative to conventional, fossil-based jet fuel. With the use of Neste MY Sustainable Aviation Fuel™, greenhouse gas emissions can be reduced by up to 80% over the fuel’s life cycle, compared to using conventional jet fuel.

Neste’s SAF is made from renewable waste and residue raw materials, such as used cooking oil and animal fat waste. SAF is certified for commercial use and can currently be blended up to 50% with conventional jet fuel before use. It works seamlessly with existing aircraft engines and fueling infrastructure. Today, the global SAF production capability of Neste is 1.5 million tons per annum, and it is set to grow to 2.2 million tons in 2027.

*) When used in neat form (i.e. unblended) and calculated with established life cycle assessment (LCA) methodologies, such as CORSIA methodology.

Neste in brief

Neste (NESTE, Nasdaq Helsinki) creates solutions for mitigating climate change and accelerating a shift to a circular economy. The company is the world’s leading producer of sustainable aviation fuel (SAF) and renewable diesel, enabling its customers to reduce their greenhouse gas emissions. Neste refines waste, residues and other renewable raw materials to high-quality renewable fuels at its refineries located on three continents. The company’s annual renewable fuels production capacity will be increased to 6.8 million tons in 2027. Neste has high standards for sustainability and the company has consistently been recognized by several leading sustainability indices. In 2024, Neste's revenue stood at EUR 20.6 billion. Read more: neste.com

Attachments

• Cathay Pacific A350 - Photo courtesy of Cathay Pacific