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Friday, March 29, 2024

CebuPac, Shell sign fuel supply contract

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SINGAPORE―Cebu Air Inc. said Tuesday it signed a memorandum of understanding with Shell Aviation to receive supplies of sustainable aviation fuel from 2026 to 2031.

Shell Aviation global president Jan Toschka said the energy firm would supply 25,000 metric tons annually of SAF to Cebu Pacific starting 2026.

Toschka said aviation accounts 3 percent of all global Co2 emissions.

Cebu Pacific chief strategy officer Alex Reyes said the airline is committed to its sustainability goal to achieve net-zero carbon emissions by 2050.

Reyes said the airline would operate all-NEO aircraft by 2028 to reduce carbon emissions. “We are expecting 51 brand-new NEO aircraft until 2028,” he said.

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Cebu Pacific became the first low-cost airline in Asia to incorporate the use of SAF into its operations when it took delivery of its third A330NEO in May this year.

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