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Saab Aircraft Leasing Sells Two Saab 340BPlus' to Swedish Defense Materiel Administration (FMV)

Saab Aircraft Leasing Sells Two Saab 340BPlus' to Swedish Defense Materiel Administration (FMV) Saab Aircraft Leasing (SAL) announced today an order for two Saab 340BPlus aircraft for Swedish Defense Materiel Administration (FMV). SAL won an international Request For Proposal (RFP) process to supply the two aircraft. Both 30-seat turboprops are scheduled for delivery during early spring 2004. The Swedish FMV intends to replace its three remaining Beech 200 King Air aircraft with the two Saab 340BPlus'. One aircraft will be stationed at F-21 in Luleå and the other at F-17 in Kallinge. Both will be used for transportation of personnel both within Sweden and throughout Europe. SAL has contracted Saab Aircraft in Linköping to completely overhaul both aircraft as well as incorporate new modifications and Service Bulletins according to the requirements of the Swedish FMV. Swedish Defense Forces currently operate one Saab 340B for "Open Sky" operations as well as six Saab 340B-AEW units. The "Open Sky" aircraft was extensively modified by Saab Aircraft last year under a contract with the Swedish FMV. Saab Aircraft Leasing President Michael Magnusson states, "This contract is a good example of the resources that SAL has to source aircraft that meets the specific requirements of a potential customer. The FMV had very strict requirements as to the age and maintenance status of the aircraft. SAL was able to quickly identify three suitable aircraft and offer a choice too. Following on site inspections, the Swedish FMV was able to pick the two most suitable airframes and declare SAL the winner of the RFP process." Saab Aircraft Leasing manages a portfolio of 289 Saab 340 and Saab 2000 aircraft leased to 25 customers in 13 countries. With 35 employees, the company's head office is in Washington, DC and has regional offices in Stockholm, Sweden; Tokyo, Japan. SAL is part of the Saab Aviation Services Business Area of Saab AB. Saab is one of the world's leading high-technology companies, with its main operations focusing on defence, aviation and space. The group covers a broad spectrum of competence and capabilities in systems integration. For further information please contact: Michael Magnusson, Saab Aircraft Leasing Telephone +1 703 406 7220 www.saabaircraftleasing.com www.saab.se ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/01/27/20040127BIT00640/wkr0001.doc http://www.waymaker.net/bitonline/2004/01/27/20040127BIT00640/wkr0002.pdf