SAF Strategy

SAF Strategy, Procurement and Offtake Support | VURDHAAN
SAF strategy for airlines

Turn SAF ambition into a procurement plan your airline can execute.

VURDHAAN helps airlines forecast SAF requirements, assess suppliers and pathways, compare physical and Book & Claim options, evaluate procurement offers and review long-term offtakes—linking commercial decisions with CORSIA, ReFuelEU and sustainability evidence.

01 / Strategy

Buy the right SAF for the right purpose

A workable strategy connects expected demand with the routes, airports, regulatory schemes, voluntary commitments and customer programmes that will use the fuel or its environmental attributes.

Demand and obligations

Forecast volumes by year, region and use case, separating mandatory requirements from voluntary targets.

Eligibility and attributes

Screen feedstock, pathway, lifecycle intensity, certification, vintage and geographic requirements.

Delivery mechanism

Decide where physical supply is needed and where Book & Claim or other chain-of-custody models fit.

Commercial structure

Assess price, tenor, volume flexibility, delivery, counterparty exposure and change-in-law risk together.

01

Spot or one-off purchase

Useful for near-term requirements, pilots and initial supplier qualification.

02

Annual or term supply

Supports recurring demand with defined volumes, delivery points and price mechanics.

03

Long-term offtake

Provides future supply access while creating longer-term volume, price and performance exposure.

04

Strategic participation

May combine offtake with prepayment, project support or investment where appropriate.

02 / Our approach

From demand forecast to governed procurement

We bring sustainability, fuel, operations, finance and commercial teams into one decision process, with the assumptions and trade-offs made explicit.

Establish demand

Map fleet plans, fuel consumption, mandates, targets, customer programmes and timing.

Define requirements

Set acceptable pathways, certification, lifecycle performance, delivery and documentation criteria.

Screen the market

Assess supplier capability, production pathway, location, project maturity and counterparty profile.

Evaluate offers

Compare price, volume, tenor, delivery, eligibility, claims rights and material contractual risks.

Implement controls

Set procurement approvals, evidence capture, claim governance, reporting and performance monitoring.

03 / Services

Support across the airline SAF procurement cycle

VURDHAAN can support a complete strategy or enter at a specific point—such as reviewing an existing supplier proposal or long-term offtake.

Plan

SAF demand and target roadmap

Translate fleet and traffic plans, regulatory exposure and voluntary commitments into annual volume requirements and decision milestones.

Output: demand forecast and phased procurement roadmap.

Screen

Supplier and pathway assessment

Review feedstock, technology, lifecycle intensity, certification, production location, project maturity and delivery capability.

Output: supplier scorecard and pathway shortlist.

Procure

Tender and offer evaluation

Develop procurement specifications, support RFP design and compare commercial, technical, sustainability and evidence terms.

Output: comparable bid analysis and recommendation.

Assess

Offtake assessment and scenario modelling

Test long-term volume, price, indexation, delivery, eligibility, project and counterparty assumptions under multiple market scenarios.

Output: offtake risk assessment and cost scenarios.

Deliver

Physical supply and airport readiness

Assess airport access, blending and logistics arrangements, fuel documentation, chain of custody and operational interfaces.

Output: delivery model and implementation controls.

Govern

Book & Claim and evidence governance

Structure attribute ownership, registry use, beneficiary and vintage requirements, claim language and supporting evidence.

Output: controlled claims and reporting pack.

04 / Offtakes

Assess the full offtake—not only the headline price

A long-term SAF commitment needs to work across commercial, operational, sustainability and regulatory conditions. We help airlines identify where the value sits and where exposure can build over time.

Volume and tenor

Ramp profile, minimum quantities, take-or-pay exposure, flexibility bands, shortfall treatment and extension rights.

Pricing and indexation

Reference indexes, SAF premium, cost-plus elements, floors, caps, reopeners, escalation and currency exposure.

Pathway and eligibility

Feedstock, production technology, certification, lifecycle value and continued eligibility under intended schemes.

Delivery and title

Delivery point, blending, airport access, title transfer, environmental attributes and supporting documentation.

Project and counterparty

Technology maturity, construction milestones, credit support, performance security, delay and non-delivery remedies.

Regulation and claims

Change-in-law allocation, CORSIA/ReFuelEU use, double-counting controls, reporting rights and permitted claim language.

05 / Deliverables

Clear outputs for investment and procurement decisions

Deliverables are tailored to the airline’s stage, governance process and intended procurement mechanism.

  • SAF demand and obligation forecast
  • Procurement strategy and timing plan
  • Supplier and pathway scorecard
  • RFP and evaluation criteria
  • Bid comparison and recommendation
  • Offtake risk and term assessment
  • Cost and market scenarios
  • Evidence and claims governance plan
06 / Current context

Procurement decisions now sit at the centre of SAF compliance and supply access

The right structure depends on where the airline operates, how the fuel will be used and which environmental benefit it intends to claim.

ReFuelEU Aviation

The EU framework requires aviation fuel suppliers to increase SAF shares over time and places refuelling and reporting obligations on aircraft operators. Procurement planning must reflect airport exposure, eligible fuel categories and evidence requirements.

European Commission overview

CORSIA eligible fuels

Fuel used for a CORSIA claim must meet the applicable sustainability, lifecycle-emissions and certification requirements. Supplier and batch documentation therefore matter before procurement is committed.

ICAO eligible-fuels overview

Procurement and offtake choices

Airlines may use near-term purchases, term supply or long-term offtakes, with different pricing and risk structures. The procurement route should match the airline’s demand certainty and risk appetite.

IATA SAF procurement guidance
07 / Common questions

Before entering the market

Can VURDHAAN review an offtake proposal we have already received?

Yes. We can assess the proposal’s commercial structure, pathway and certification position, lifecycle assumptions, delivery model, evidence rights and scenario exposure. Legal terms should also be reviewed by the airline’s qualified legal counsel.

When is a long-term offtake preferable to spot or annual procurement?

An offtake may be appropriate when future supply access, price structure or support for a production project justifies a longer commitment. The decision depends on demand certainty, risk appetite, project maturity and the flexibility available in the proposed terms.

Should physical SAF and Book & Claim be assessed together?

Often, yes. Physical supply can be important for airport or regulatory requirements, while Book & Claim can address geographic constraints or voluntary programmes. Both should sit within one volume, evidence and claims strategy to avoid gaps or double counting.

Does the lowest SAF price represent the best offer?

Not necessarily. Eligibility, lifecycle performance, certification, delivery reliability, attribute ownership, supplier credit and the cost of contractual risk can materially change the value of an offer.

Assess the SAF commitment before the airline is locked in.

Tell us your expected volumes, markets, procurement stage and any supplier or offtake proposals already under review. We will recommend a practical assessment and decision process.

Contact VURDHAAN

VURDHAAN provides commercial, technical, sustainability and regulatory advisory support. Contract drafting, negotiation positions and legal enforceability should be reviewed by appropriately qualified legal counsel. Requirements vary by jurisdiction, route, fuel category and intended claim.

SAF Strategy