Cebu Pacific, Neste ink fuel supply deal

By Ed Paolo Salting

Oct 20, 2023 12:22 am

DOMESTIC carrier Cebu Pacific said Thursday it had signed a memorandum of understanding (MoU) with Neste, a Finnish oil refining firm producing sustainable aviation fuel (SAF), to explore the possibility of purchasing the biofuel.

The airline said the MoU would run for five years and that discussions regarding purchases were still in initial stages.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Jollibee buying stake in Taiwan soup chain

Fruitas: P500M set aside for expansion

First Gen unit given LNG terminal permit

Singapore regulator approves MGEN project

BPI, Puregold among top stock picks for 2025

Tim Ho Wan transfer to Jollibee completed

United Paragon says debt talks progressing