This week Natasha Mann, Future Energy Global (FEG) comes back on the Podcast to discuss her busy last few years, we wrap up SAF in 2025 and look forward to what to expect from 2026.

We begin by looking at all the deals FEG have signed over the last two since since its founding in 2024. Offtakes with corporates and airlines, the importance of voluntary scope 3 customers to industry scale, how aggregating demand is a crucial component of scaling SAF production and availability globally, and how this can only grow if the supply chain for the scope 1 emissions is also in place.

Natasha gives her rating out of 10 for the SAF industry in 2025, shares some of her highlights from the year and the headwinds that the industry had to work against, especially in the US. We also attempt to pin her down on her favourite region in 2025. Have to listen to find out what she chose.

We end the episode with a look at 2026, what we can expect from FEG in 2026 and her expectations for global industry development in the year ahead. Natasha also gives us her New Year's resolutions for 2026.

You can catch more of Future Energy Global at SAF Investor London on the 24th-25th February, so if you are a producer, airline, corporate customer is a great place to connect with their team. Find out more here: https://www.safinvestor.com/event/148588/saf-investor-london-2026-2/

In this episode of The SAF Podcast, Oscar is joined by Mike Fulton, Project Aircraft Engineer at FedEx and widely known as “The SAF Guy,” for a deep-dive conversation on how one of the world’s largest cargo airlines is approaching sustainable aviation fuel at scale.

With more than 700 aircraft, making it the world's largest dedicated cargo fleet. Operations in over 220 countries, and aviation responsible for around 80% of its carbon footprint, FedEx sits at the sharp end of aviation decarbonisation. Mike explains how SAF fits into FedEx’s broader goal of achieving carbon-neutral operations by 2040, alongside fleet modernisation, operational efficiency and the use of durable carbon solutions.

The discussion explores FedEx’s recent SAF offtake agreements in the United States, including partnerships at Los Angeles, Chicago O’Hare and Miami, and why higher SAF blending percentages deliver both greater carbon reductions and more favourable economics. Mike also offers rare insight into the realities of SAF pricing, fuel cost sensitivity, and why long-term offtake agreements alone have not been enough to unlock widespread project finance.

Listeners will gain a candid perspective on why brownfield conversions are currently outperforming greenfield SAF projects, how supply-chain risk is managed, and the growing importance of carbon “insets” and environmental attributes for corporate customers.

We kick off 2026 on the podcast with a great conversation with Nicolas Guillaume and Louis Lammertyn from BookBetter.

The platform integrates sustainability costs directly into flight pricing, offering travelers 100% SAF options and alternative transport modes like trains when more sustainable. Unlike traditional airline booking systems that add SAF as an optional extra at checkout, BookBetter prioritizes transparency from the first search, using third-party registries to verify environmental claims and provide customers with detailed certificates.

The discussion delves into critical industry issues including the psychological barriers of SAF pricing, the importance of additionality in carbon reduction claims, and why current booking platforms inadvertently penalise airlines making sustainability efforts.

Wishing everyone a great 2026 in what is set to be another crucial year for SAF market development.