Cathay continues to make significant progress in its sustainability journey, reaching new milestones since the launch of its Corporate Sustainable Aviation Fuel (SAF) Programme in 2022. This year, the programme has achieved substantial growth and is becoming one of the biggest initiatives of its kind globally, marked by new global partnerships and a record commitment to SAF usage. Building on the momentum of the past two years, the Corporate SAF Programme has introduced a tiered structure, … [Read more...] about Cathay celebrates record growth in its corporate programme to advance sustainable aviation fuel use
Cathay
Cathay to invest over HK$100 billion to strengthen Hong Kong’s international aviation hub status
The Cathay Group (Cathay) has committed more than HK$100 billion in investments over the next seven years as part of its bold strategy to further elevate its customer experience, and strengthen Hong Kong’s international aviation hub status riding on the Three-Runway System. This encompasses major investments in its fleet, cabin products, lounges, and digital and sustainability leadership as it sets its sights on growing for its customers, its people and its home, Hong Kong. Cathay Group Chair … [Read more...] about Cathay to invest over HK$100 billion to strengthen Hong Kong’s international aviation hub status
Cathay to bolster its ASEAN network to seize growth opportunities with regional markets
Joining a high-level delegation led by Chief Executive of the Hong Kong SAR Government John Lee Ka-chiu, Cathay Group Chief Executive Officer Ronald Lam concluded a six-day visit to three ASEAN countries — Laos, Cambodia and Vietnam — underscoring the region’s significance to Cathay’s expanding network and future growth, as well as to Hong Kong’s economic development. Throughout the eye-opening visit, Lam toured a variety of local enterprises and major infrastructure projects in these … [Read more...] about Cathay to bolster its ASEAN network to seize growth opportunities with regional markets
Cathay fully repays the Hong Kong SAR Government’s HK$19.5 billion investment
The Cathay Group reached another major milestone on its rebuild journey as it fully repaid the Hong Kong SAR (HKSAR) Government’s HK$19.5 billion investment. The Cathay Group has now bought back the remaining 50% – HK$9.75 billion – of the preference shares that were issued to the HKSAR Government as part of the Cathay Group’s 2020 recapitalisation. The Cathay Group previously bought back the initial 50% of the preference shares in December 2023. In addition, the Cathay Group has paid the … [Read more...] about Cathay fully repays the Hong Kong SAR Government’s HK$19.5 billion investment
DB Schenker signs record-breaking commitment to Cathay’s Corporate SAF programme
DB Schenker is the latest member of the air-cargo community to join Cathay’s Corporate Sustainable Aviation Fuel (SAF) Programme. With its commitment to reduce its carbon emissions through the programme, DB Schenker has become the biggest contributor to the scheme to date. The Corporate SAF Programme was established in 2022 to help tackle climate change. It enables members to purchase SAF for uplift on Cathay Pacific and Cathay Cargo flights, from Hong Kong and other ports on the network. By … [Read more...] about DB Schenker signs record-breaking commitment to Cathay’s Corporate SAF programme
Cathay and Singapore Airlines to collaborate on sustainability initiatives
Cathay and Singapore Airlines (SIA) have signed a Memorandum of Understanding (MoU) to collaborate on a broad range of sustainability initiatives. These collective efforts are aimed at advocating for the development and use of sustainable aviation fuel (SAF) in the Asia-Pacific region, a critical decarbonisation lever for the sector, and sharing best practices to boost sustainability performance. The MoU was signed by Cathay Group Chief Executive Officer (CEO) Mr Ronald Lam and Singapore … [Read more...] about Cathay and Singapore Airlines to collaborate on sustainability initiatives
