The Digest’s 2026 Multi-Slide Guide to SAF and the Raymond James Big Picture

Raymond James’s Pavel Molchanov offers a cautious outlook on aviation decarbonization, noting that Sustainable Aviation Fuel (SAF) remains a “tiny” 1% of the biofuel market. Despite IATA’s goal for SAF to drive over half of 2050 emissions reductions, production chronically underperforms expectations. While U.S. SAF prices carry a 33% premium over conventional fuel, electric aircraft face delayed commercialization until 2030+ due to regulatory hurdles and high battery costs despite falling cell prices.

Category: Multi-Slide Guides