The Group’s airlines, Singapore Airlines, Scoot and SIA Cargo, will use multiple levers to achieve this goal. These include investing in new-generation aircraft, achieving higher operational efficiency, adopting low-carbon technology such as sustainable aviation fuels and sourcing for high-quality carbon offsets. The airlines said that this pledge reinforces the group’s long-standing strategy of working towards decarbonization and environmental sustainability across its operations. Remained focused on our sustainability goals even as we navigated the COVID-19 pandemic. This is also an increasingly important issue to both our customers and staff. The most effective and direct way for an airline to lower carbon emissions currently is to operate a young fleet of aircraft. The average age of the SIA Group’s aircraft is five years and 10 months.
Aircraft in the SIA Group’s order book include Airbus’ A320neo family and A350-900, as well as Boeing’s 787 family, 737-8 Max and 777-9. To collaborate with governments, the airline industry and partners such as aircraft manufacturers, technology providers and fuel suppliers, both in Singapore and around the world. The SIA Group will also work with stakeholders to develop a decarbonization plan which gels with Singapore’s aim to strengthen its air hub, SIA and Scoot. As the SIA Group embarks on this journey towards net zero emissions by 2050, it will continue to collaborate with like-minded partners to develop a robust sustainable aviation fuel supply chain and carbon market. This includes working together with stakeholders in Singapore to develop a holistic decarbonization plan, which complements Singapore’s goal of strengthening the country’s air hub and maintaining its competitive advantage into the future.