December 4, 2022

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Cebu Pacific receives CAPA award for sustainability

2 min read

Cebu Pacific (PSE: CEB) received the Asia Environmental Sustainability Airline/Airline Group of the Year award from the Center for Asia Pacific Aviation (CAPA) for its leadership in sustainability performance in the regional aviation industry.

CEB, the Philippines’ premier airline, was recognized for its ongoing integration of various sustainability programs into its day-to-day operations, as well as for its ongoing collaboration with industry stakeholders to advance the adoption of green initiatives in the regional industry.

Cebu Pacific Chief Commercial Officer Xander Lao accepted the award at the Aviation Summit Evening Gala on November 3. Lao also spoke at a panel session about CEB’s recovery.

“We are honored to be the pioneer recipient of such an award, which should help further advance and recognize the importance of sustainability,” said Lao.

Even before the pandemic, CEB started its sustainability journey through its early investment in fuel-efficient aircraft. By 2028, it plans to operate an all-NEO (New Engine Option) fleet, allowing the airline to stay true to its commitment to low fares while becoming more efficient and environmentally friendly.

“The Philippines is among the countries most at risk from adverse impacts from climate change, so our commitment to sustainability has evolved over time. Cebu Pacific is among the first low-cost carriers in the world to introduce initiatives to reduce carbon emissions. We are committed to investing time and resources to become Asia’s greenest airline,” said Mark Cezar, Chief Finance Officer of Cebu Pacific.

This year, the airline also increased its sustainability initiatives by beginning to use Sustainable Aviation Fuel (SAF) in its aircraft deliveries. On September 28, it operated its first SAF-powered commercial flight, becoming the first Philippine airline to incorporate SAF into its commercial operations.

CEB intends to make SAF a permanent part of its business through Airbus aircraft deliveries. By 2030, SAF is to be used on all commercial flights.

“We still have a long way to go to reach the goal of net zero by 2050, and we need the commitment of our partners so we can all succeed and make meaningful change. We encourage everyone to join us on this journey,” said Cezar.

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