Market Chatter: Cathay Pacific Urges Hong Kong to Set Long-Term Sustainable Fuel Plan

MT Newswires Live
Sep 22

Cathay Pacific Airways (HKG:0293) has called on Hong Kong to develop a longer-term policy framework for sustainable aviation fuel beyond 2030, the South China Morning Post reported Monday, citing the airline's chief executive.

The carrier wants the framework to include mandatory targets and consistent policies to support the growth of the sustainable aviation fuel industry and help Hong Kong meet its climate goals, the report said.

The call reportedly came after a mainland Chinese official proposed that Greater Bay Area authorities offer incentives, including subsidies, to encourage wider adoption of sustainable fuels.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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