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Saab to deliver two Saab 2000 aircraft in the US

Nordic Business Report, Jan 30, 2007

NORDIC BUSINESS REPORT-30 January 2007-Saab to deliver two Saab 2000 aircraft in the US(C)1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com

Swedish defence and aerospace group Saab said on Tuesday (30 January) that Ginn Development Company, a US-based real estate development and management firm, is preparing to take delivery of two Saab 2000 aircraft.

Ginn Development ordered these two 50-seat, high-speed turboprop aircraft in the fourth quarter of 2006 for diverse roles within Ginn's existing corporate flight department.

The Saabs will be utilised primarily to fulfil the travel requirements of NASCAR's Ginn Racing but will also handle some of the unique transportation requirements of Ginn Development Company, Saab said.

No financial information was provided.

Saab Aircraft Leasing manages a portfolio of about 200 Saab 340 and Saab 2000 aircraft leased to 25 airlines around the world. Its head office is in Washington, DC and it also has regional offices in Stockholm, Sweden and Tokyo, Japan.

Saab, headquartered in Linkoping in Sweden, is a high-tech company active within defence, aviation and space. The company has over 12,800 employees and annual sales of SEK19.31bn. Saab is listed on the Nordic Exchange in Stockholm.

One British pound (GBP) is worth approximately 13.38 Swedish kronor (SEK).

((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))

COPYRIGHT 2007 M2 Communications Ltd.
COPYRIGHT 2008 Gale, Cengage Learning

 

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