Saab

December 31, 2008 - 5:19am

American Airlines sister company AMR Leasing signed a contract to sell and lease back the 39 ATR 72s flown by American Eagle unit Executive Airlines. Under the terms of the deal, AMR Leasing will sell all the airplanes to an undisclosed entity that will lease the aircraft to Ireland’s NK Aviation, a newly formed joint venture between Denmark’s Nordic Aviation Capital (NAC) and Kirk Kapital A/S.

December 16, 2008 - 5:17am
...

Saab reacted with vigor to a statement by the Norwegian government that the Gripen fighter was inferior to the Lockheed Martin F-35 JSF in most aspects of performance–and was also more expensive. Norway had been evaluating the Gripen NG (New Generation) as an alternative to the JSF, and Saab had high hopes of launching the NG version with the help of its Scandinavian neighbor.

December 1, 2008 - 7:09am

Future fuel prices will determine the markets for regional turboprop and jet aircraft, according to Saab Aircraft Leasing president and chief executive Michael Magnusson. The Swedish manufacturer maintains a sizeable fleet of its Saab 340 and 2000 regional turboprop designs for lease and expects to benefit from industry moves to reduce costs by making greater use of such equipment rather than regional jets.

October 15, 2008 - 12:55pm

Although India’s 126-aircraft requirement is the main prize for the world’s fighter manufacturers, major procurement decisions in Brazil and Switzerland are expected to be made long before Delhi makes its choice.

October 8, 2008 - 6:45am

UK regional airline Eastern Airways is “exactly on track, or slightly ahead” of projections for this year, according to COO Chris Holliday. Although he attributes continued profitability to tight financial controls, Eastern has “always been extremely focused on costs,” he said.

September 25, 2008 - 11:31am

Pinnacle Airlines will remove from service 10 of subsidiary Colgan Air’s 40 Saab 340Bs next month as part of a plan to reduce its exposure to pro-rate flying, the company announced last month. The retirements will result in the removal of 12 markets from the Colgan system, all currently flown under the US Airways and United Express brands.

August 29, 2008 - 1:33pm

Pinnacle Airlines will remove from service 10 of subsidiary Colgan Air’s 40 Saab 340Bs next month as part of a plan to reduce its exposure to pro-rate flying, the company announced last month. The retirements will result in the removal of 12 markets from the Colgan system, all currently flown under the US Airways and United Express brands.

July 16, 2008 - 10:11am

Switzerland’s Ruag has acquired Saab’s space business (Saab Space, based in Gothenburg), including its subsidiary, Austrian Aerospace, for 335 million Swedish Krona ($56 million) and additional consideration based on future performance. Saab said that it has “not been able to achieve sufficient synergies with other operations within Saab,” although the division was “well managed and profitable.”

July 15, 2008 - 7:29am

Saab’s civil aircraft missile protection system (CAMPS) is on course for delivery to the launch customer toward the end of the year.

July 14, 2008 - 11:52am

The Swedish Security Services have detained a man for reportedly trying to blackmail Saab. The 48-year-old engineer was arrested in Gothenburg last Thursday, but AIN understands that he does not work for the company. However, he has “illegally gained access to documents regarding the operations of Saab Microwave Systems,” the company said. The man, who has no criminal record, denies the allegation.

 
X