market report - Saab Aircraft Leasing

Issue 20 OCTOBER 2008
MARKET REPORT
A PUBLICATION OF SAAB AIRCRAFT LEASING
ESTONIAN AIR’S
SAAB 340s
FEED SAS SYSTEM
OLT CELEBRATES
50TH ANNIVERSARY
SAAB 340 FLIES
EXECUTIVE-STYLE
MESSAGE FROM
Michael Magnusson
CONTENTS
The last six months have yet again shown how difficult
it is to make any predictions in this industry. Towards
the end of last year, most airlines were looking forward
to 2008 with confidence. IATA was predicting a nice
profit. Oil was hovering around $90/barrel. The $100
number seemed far away.
Estonian Air Saab 340s work with Boeing 737s
for SAS Connect Service . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Then as 2008 began, oil started its rapid climb. The industry watched in horror as it
peaked around $145/barrel after just six months. Panic started spreading around
many boardrooms. Predictions and business plans for 2008 were thrown out the
window. Airline managers began saying this was worse than September 11. IATA
revised its forecast on a monthly basis and was soon talking about billion dollar
losses. Something had to be done, the business model was broken.
The legacy airlines in the US made their decision, initiated by American Airlines.
They would cut capacity 10-12 percent by the end of 2008 and park many aircraft,
mostly older equipment. A few decided to accelerate deliveries of new fuel-efficient
aircraft. Europe was affected to a lesser degree as it was partially shielded by the
decline of the US dollar. One interesting result was low fare airlines were affected
to a greater extent due to fuel being a much higher proportion of their expenses,
reaching almost half. For legacy airlines it became the largest expense, hovering
around 35 percent.
Air Åland and Avitrans Nordic work together
to provide Finland/Sweden service . . . . . . . . . . . . . . . . . . . 5
Saab 2000 simulator moves to
Oxford Aviation Academy . . . . . . . . . . . . . . . . . . . . . . . . . . 7
Darwin Airline supports Euro 2008 . . . . . . . . . . . . . . . . . . . 7
OLT celebrates 50th anniversary. . . . . . . . . . . . . . . . . . . . . 8
Saab 2000 AEW&C on display at Farnborough . . . . . . . . . 8
Saab 340 executive aircraft round-up. . . . . . . . . . . . . . . . . 9
SAL’s Michael Magnusson assesses used
turboprop market. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
Saab Destinations: Dalanzadgad Airport . . . . . . . . . . . . . . 11
Saab operators . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
This, of course, soon impacted regional airlines as well. In the US, a few legacy
airlines began cancelling contracts for capacity buys, some ended up arguing in
court. Suddenly everyone had too many 50-seat regional jets. It is now forecast
over 200 of these RJs will become surplus in the US over the next few years. A
Delta executive referred to these RJs as the “SUV in the air with the highest fuel
consumption per seat basis.”
This was bound to have an impact at Saab as well. American Eagle was forced to
cut capacity and obviously chose the smallest aircraft in its fleet: the Saab 340
and E-135. They have 27 Saab 340Bs in service, which will be parked during the
rest of 2008 and early 2009. They have already sold a few. As supply of Saab
340Bs is tight, this move by AMR Eagle will be appreciated by those seeking a
fuel-efficient, 30-seat aircraft with excellent customer support.
This shows, yet again, the need to be flexible and pick the right equipment. Most
Saab operators appreciated its low fuel burn when oil prices were soaring. The very
fuel-efficient GE engine came through again as a good benefit to the Saab 340.
Who knows where oil prices will stabilize? Currently oil is $110/barrel. With this
level and a fuel-efficient aircraft, the business model works with the Saab 340.
Many of our customers are showing this in their numbers. One, OLT in Germany, is
celebrating its 50th anniversary, and they have flown the Saab 340 nine out of
those 50 years. (See related story on page 8.) Rex posted another profitable year
with its all Saab 340 fleet.
Over the next few months we will be participating in a couple of events, namely the
Saab 340 Global Operators’ Conference in Florida and the ERA General Assembly
in Manchester. The Saab 340 Global Operators’ Conference is looking to be another great event organized by Saab Aerotech. I urge all Saab 340 operators to attend.
We have a good time as we exchange experience in the type. See you there!
COVER PHOTO:
Estonian Air feeds the Scandinavian Airlines System via
Stockholm, Oslo and Copenhagen with two Saab 340s and
six Boeing 737s.
Cover photo by Eryl Crump
BELOW:
OLT, Germany’s second oldest airline, hosted a special 50th
anniversary party at the airline’s Emden base.
The Saab 340 can provide a reliable and economical transport for business executives in stylish comfort.
Market Report is published by
Saab Aircraft Leasing
Editor: Kelly Murphy
Emerald Media
[email protected]
Europe: Alison Chambers
Emerald Media
[email protected]
Design and Layout:
Aeris Graphic Design
[email protected]
Michael Magnusson
President and CEO, Saab Aircraft Leasing
Printed in USA October 2008
©2008 Saab Aircraft
MARKET REPORT
ESTONIAN AIR SAAB 340s
WORK WITH BOEING 737s FOR SAS
CONNECT SERVICE
Story and photos by Eryl Crump
Estonian Air has increased its cost-effective regional air service since
the introduction of two Saab 340s last fall. The national airline of
Estonia, the Tallinn-based airline feeds into the Scandinavian Airlines
System (SAS) network via Stockholm, Oslo and Copenhagen with a
fleet of six Boeing 737-500s and two Saab 340s.
operated with one service class with the service level depending on
the destination. Flights from Tallinn to Vilnius and from Kuressaare
to Stockholm includes a meal service, while flights from Tallinn to
Helsinki and Kuressaare offer beverages only due to the short flight
time.”
Operating as Estonian Air Regional, a wholly-owned subsidiary company with its own AOC and Operators License, the 33-seaters are servicing Estonian Air flights between Tallinn-Helsinki, Tallinn-Vilnius,
Tallinn-Minsk, Tallinn-Stockholm and Kuressaare-Stockholm.
Kalda notes the schedule (to Helsinki, Vilnius and Stockholm) has
been designed to meet the demand of the Estonian market, by offering an early morning departure from Tallinn together with an evening
return flight. Flights from Tallinn to Kuressaare and from Kuressaare
to Stockholm are operated twice a week, enabling both longer spa
holidays and weekend breaks. “They are proving to be very successful
and have increased our regional service very efficiently and cost
effectively,” he adds.
Estonian Air Vice President-Operations Rait Kalda tells Saab Market
Report, “By introducing the Saab 340 into the existing fleet of
Boeing 737s, Estonian Air hopes to capture and develop the growing
demand for air travel between Estonia and our neighboring regions.
The aircraft has a comfortable cabin with leather seats. All flights are
Market Report
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October 2008
Initially the aircraft were operated by Swedish airline Golden Air.
3
MARKET REPORT
Kalda underlines “Until finalizing necessary documents, Golden Air
operated the flights instead of Estonian Air Regional, but the service
on board was according to Estonian Air standard.”
On March 6, 2008 Estonian Air Regional received the air carrier’s
Operating License from the Estonian Ministry of Economic Affairs
and Communications and the Air Operator Certificate (AOC) from
Estonian Civil Aviation Administration. “This made it possible to
enter the Saab 340 aircraft into the Estonian aircraft registry. Having
our own AOC and Operating License simplifies running of the company and make the operations even more effective,” adds Kalda.
In the first eight months of 2008, Estonian Air carried 483,875
passengers, a 10.3% increase year-on-year. In August, Estonian Air
flew 73,335 passengers, a 1% increase year-on-year despite the drop
in charter operations.
4
Government beginnings...
Estonian Air was established and started operations on December 1,
1991, shortly after Estonia reacquired independence. It was founded
by the Estonian government with aircraft acquired from the defunct
local Aeroflot Division and was partially privatized five years later.
The privatization allowed the acquisition of Boeing 737-500s to replace its old Soviet planes. The first two arrived in 1995 and by the
following year, after obtaining more of the Western-built aircraft, it
was able to retire the Soviet fleet entirely. The airline now operates six
of the type and next spring will introduce two new Bombardier CRJ900NG aircraft.
Estonian Air has strong links with SAS. It operates frequent flights to
SAS hubs – the airline boasts “Well connected with SAS” status and
the airline’s frequent flyer program is SAS’ EuroBonus scheme.
Market Report
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October 2008
MARKET REPORT
AIR ÅLAND AND AVITRANS NORDIC
WORK TOGETHER TO PROVIDE
FINLAND/ SWEDEN SERVICE
Story and photos by Eryl Crump
Flights to the beautiful Åland
islands, an archipelago that
stretches from the Finnish coast
southwest towards Sweden, are
flown by a new operator. Avitrans
Nordic AB, which already operates air traffic with Saab 340 for
several airlines, began flying from
Mariehamn to Helsinki and
Stockholm for Air Åland on
August 11. Two Avitrans Saab
340s are based at Mariehamn for
the flights.
Avitrans Nordic President Mikael
Wångdahl says, “We are delighted
that Air Åland chose Avitrans
Nordic as a supplier and look forward to working with them. This
expansion of activities is part of
our long-term strategy to establish operations in Finland. Avitrans has the right aircraft and the competence to be a part of Air Åland continued service development.
Air Åland CEO Jörgen Gustafsson adds, “We have a new long-term
supplier with Avitrans Nordic. The combination of Avitrans Nordic
and Air Åland looks exciting for the future. This gives us a platform
for the company’s future development that no other operator could
offer. The synergies that exist will make us stronger in the market
and be able to strengthen our customer focus, which is a goal for
the future.”
Operations started on October 29, 2005. Air Åland operates scheduled
services from Åland to Helsinki four times a day and twice each
weekday to Stockholm.
The beautiful Åland Islands
Air Åland is the provincial airline of the islands and is based in
Mariehamn, the archipelago’s only airport.
The airline was founded on January 14, 2005 with a broad base of
owners within the trade and business of the Åland islands. The goal of
the owners is to maintain air traffic with good quality for a low price
to mainland Finland and Sweden.
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October 2008
5
MARKET REPORT
Air Åland AB was created in 2005
Gustafsson tells Saab Market Report discussions on starting an Ålandbased airline company have been ongoing for a long time. “A regular
air traffic service both west- and eastwards is vital for the competitiveness and development of Åland economy. Thus, the company Flyg &
Far Åland AB, later Air Åland AB, was founded in January 2005. The
shareholders include 24 companies and four private investors. The
overall goal of the owners is to maintain and secure air traffic based
on local requirements, reasonable prices and to contribute to the development of the local trade and the core businesses.
“The first flights were to Helsinki, and on March 13, 2006 the traffic
was started between Mariehamn and Stockholm-Arlanda,” he notes.
Last year the airline carried about 60,000 passengers on its scheduled
flights. Charter flights from the islands to the mainland and further
afield were also carried out.
6
Until August the airline’s operations were carried out by UAB Avion
Express, previously Nordic Solution Air Services. The new name was
adopted in January when Icelandic company Avion Aircraft Trading
purchased the company.
Avitrans Nordic has also taken over flying operations for Wingo
Express. The company was founded in 2007 and is owned by the
Swedish Tamares Holding Sweden AB and Scanproducts Ltd, in
addition to the Finnish Oy Touch N´ Go AB and Eriksson Capital AB.
Wingo Express began operating a twice-weekday service between
Turku and Tampere in southern Finland to Oulu in the north in
January 2008 with a Saab 340 operated by UAB Avion Express. It has
carried about 20,000 passengers on the service which links three important business centers – Tampere is the nearest airport to the town
of Nokia, the mobile phone manufacturing company.
Market Report
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October 2008
MARKET REPORT
SAAB 2000
SIMULATOR MOVES
TO OXFORD
AVIATION ACADEMY
A Saab 2000 simulator, formerly used by Crossair in Basle,
Switzerland, recently joined a Saab 340 simulator among 12 full flight
simulators at the Oxford Aviation Academy (OAA) in Stockholm,
Sweden.
OAA recently acquired General Flying Services, a leading ab initio
airline pilot training program in Australia. The acquisition, backed by
STAR Capital Partners, is a key strategic addition to the Group’s
Aviation Training-Ab Initio division which also comprises the former
Oxford Aviation Training, one of the world’s largest and most respected airline pilot training school.
The Group was created in February 2007 through the US$275 million
merger of GE Commercial Aviation Training and SAS Flight
Academy, followed by the BAE Training Center in Manchester, UK.
In addition, Par Aviation was recently acquired, adding aviation resourcing to the Group portfolio.
DARWIN AIRLINE
SUPPORTS EURO 2008
Darwin Airline flew 20 flights in support of the Euro 2008
soccer tournament held in Switzerland and Austria in June.
The Lugano-based regional airline formed a partnership with
the football associations of Germany and Sweden who had
chosen the town of Ticino as their base for the championships. A Saab 2000 was used to fly the team, their support
staff and officials from Lugano to Vienna, Basel, Innsbruck,
Salzburg and Klagenfurt where their matches were played.
All four of the airline’s aircraft were adorned with a special logo for the
three-week long tournament. The final flight was made on June 27
when the German team was flown to Vienna for the final. In an exciting
match, the Spanish national team emerged victorious.
Market Report
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October 2008
Darwin Airline Charter and Sales Network Manager Barbara Strub says:
“Darwin Airline is not new to this type of service. We have hosted on
board several teams, both national and international, confirming we are
able to please customers seeking a particular type of treatment and
adapted to their needs.”
7
MARKET REPORT
OLT CELEBRATES 50TH ANNIVERSARY
on September 12.
fleet reflects the nature of operations. At the same time, while we are a
small airline, we operate on a much broader level through key strategic
partnerships with bigger airlines – SAS, Malev, Icelandair and SN
Brussels.”
OLT was founded in 1958 at Emden and is owned by two shipping
companies, Reederei Agems (74.9%) and FLN Frisia Luftverkehr
(Reederei Norden-Frisia) (25.1%). Initially, the airline operated air taxi
flights to islands in the North Sea. Services were expanded to charter
flights within Europe and in 1991 to scheduled services on domestic
regional routes from Bremen.
Co-Managing Director Dr. Berhard Brons adds: “Over the past 50
years our company’s success has been based on the fact that OLT has
always paid attention to customer demand and, with a great degree of
flexibility, has developed promising niche markets. Larger carriers
often ignore destinations with regular passenger loads of 20-100 passengers. That’s exactly where our strength lies.”
A steady expansion of the regional timetable has continued since
1993, starting with scheduled flights to Bremen-Brussels and
Nuremberg. These are now operated by a fleet of Saab 2000s and
Saab 340s, assisted by Metroliners and Fokker 100s.
The first Saab was introduced in 1999 when the airline was looking
for a larger aircraft and was drawn to Saab aircraft because of its superior comfort and strong product support.
Germany’s second oldest airline, regional carrier OLT
(Ostfriesische Lufttransport GmbH), celebrated its 50th
anniversary with a special party at the airline’s Emden base
“Niche operations is what we have always been about,” says Managing
Director Gerd Weber. “We go to places that other airlines don’t and our
SAAB 2000 AEW&C ON
DISPLAY AT FARNBOROUGH
“From the outset, the aircraft was popular with passengers and it was
not long before a bigger aircraft was required as OLT looked to add
more international services,” notes Weber.
The Saab 2000 ERIEYE™ Airborne Early Warning & Command System
(AEW&C) took a brief pause from its successful flight test program to
make a debut appearance at the Farnborough International Air Show in
July. The flight test program began in April in Linköping and moved to
Granada, Spain for the favorable weather and hot and high conditions during the summer prior to arriving at the world’s largest air show. Towards
the end of this year, the aircraft will be handed over to Saab Surveillance
Systems to implement the systems testing phase of the program.
The Saab 2000 AEW&C is an advanced tactical surveillance system. It
utilizes the latest generation Active Electronically Scanned Array ERIEYE radar, now capable of detecting small air and sea targets, hovering
helicopters and cruise missiles. It has a 450km instrumented range
and provides coverage at 20km (65,000 ft) and can effectively survey a
500,000 square meter area and automatically track priority targets. In addition to the AEW&C role, the aircraft can be used for national security
and border protection missions, as an airborne command and control for
disaster management coordination or emergency air traffic control.
8
Market Report
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October 2008
MARKET REPORT
SAAB 340 EXECUTIVE AIRCRAFT ROUND-UP
by Paul Bryson
The Saab 340 executive aircraft has proven to be as dependable
airports and delays associated with them, Saab’s quality of reliable
and economically attractive as it is with the airlines of today.
service and its high level of customer support provides the basis for
Whether used for charter contracts to favorite vacation destinations
successful operations in the future. Here is an update on a few
or in the private sector as a means of bypassing the world’s busier
models operating in the US.
NAPLETON AVIATION GROUP
The executive-configured Saab 340 is one of the most exclusive configurations available. Napleton Aviation Group’s Saab 340A-036 is a prime
example of many years of executive service with various operators. In 1985, the APU equipped 036 was first delivered to corporate giant
Philip Morris and after several years of faithful service, it moved on to AMP, a global electronic company now known as Tyco, for the balance
of the century. Prior to service with Napleton, it flew corporate services for Anglo American, which is a worldwide group of companies involved in natural resources including mining. Aircraft N727DL was
purchased by Napleton in late 2003 for use in FAA Part 91 operations
(private transport) for the Group.
Today the aircraft features a recent interior makeover by Elliott
Aviation of Moline, Illinois. Its interior has been updated to current
executive standards which include drop down flat screen televisions,
leather seats, wet bars, work stations and other select amenities typically found in a corporate aircraft cabin.
According to Napleton Director-Operations and Chief Pilot Harold
Ebenroth, the aircraft is providing FAA Part 135 charter services in
the Chicago area through DB Aviation.
IBC AIRWAYS
Saab 340A-029 has found a new
home with IBC Airways based in
Miami, Florida. IBC acquired 340A029 in May of this year, its seventh
Saab 340 (the first six are in cargo
configuration), and had the aircraft
in executive operations by late July.
The aircraft was previously with
Indiana University for nearly eight
years operating as a sports team and
executive shuttle. It features a 1+1
configuration with 18 oversized leather seats and an APU.
JMJ FLIGHT SERVICES
Privately owned Saab 340A-050 of Harmony Investments is
operated by JMJ Flight Services based in Virginia Beach and
features an updated interior. The aircraft has a unique prop
brake allowing the engine to operate while the prop remains
still. This gives the operator the ability to use electrical amenities driven by engine power, including air conditioning and
cabin lighting while on the ground. JMJ First Officer Tim Miller
notes the aircraft is a hard-working asset which is constantly
being scheduled for operation.
PEGASUS AIR
Quite like 340A-036, aircraft 340A-042 has also experienced an
extensive overhaul of its interior which was completed by Fort
Lauderdale based, PRO Aircraft Interiors. This aircraft flies with
Pegasus Air, a private operator for the owners of the Ritz-Carlton in
the Cayman Islands. It has undergone extensive interior refurbishments and redesign with STCs in place. Pegasus Air Chief Pilot
Tyson Chavez tells Saab Market Report this refurbishment is two
years in the making and is well worth the wait.
Market Report
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October 2008
9
MARKET REPORT
SAL’S MICHAEL MAGNUSSON ASSESSES
USED TURBOPROP MARKET
The current economic environment
has set the stage for a market which
is “not black and white and one in
which aircraft operators sway between RJs and turboprops,” SAL
President and CEO Michael
Magnusson opined at the recent US
Valuation Conference organized by
Commercial Aviation Events in
Washington, DC. With the supply of
used turboprops continuing to decline, Magnusson noted the supply
of good Saab 340s is at an all time
low. American has begun its
planned phase out of 27 Saab 340s
and will complete the plan by Spring
2009. These aircraft are already
finding new homes. Most recently,
two have been delivered to
Australian regional MacAir of
Queensland. Operational by the end
of 2008, MacAir already operates six
Saab 340Bs.
The total number of flights for the
30- to 50-seat daily departures
worldwide are down 6% over the
last seven years from 18,000 to
17,000, while the total number of
flights has been stable during the
same period in North America. (See
charts at right)
The 70-seat market is “where the action is,” says Magnusson with worldwide departures growing from 1,700
per day to nearly 5,000 daily.
In both the passenger and cargo operations, the
Saab 340 maintains a leading position in the 30seat market with nearly 40 Saab 340A models
used as cargo aircraft.
The Saab 340 fleet has passed the 13 million
flight hour mark with 414 aircraft flying with 60
operators in 31 countries. The Saab 2000 fleet
has flown 1.1 million flight hours with 58 aircraft
flying with 13 operators in 11 countries.
30- and 50-seat Turboprops & Regional Jets (Worldwide)
Average Daily Departures
10000
Totals
3Q01 (17941)
3Q05 (18888)
3Q02 (17527)
3Q06 (18110)
3Q03 (17749)
3Q07 (17994)
3Q04 (18482)
3Q08 (16926)
8000
6000
4000
2000
- 50%
- 17%
30-seat TP
50-seat TP
- 29%
+ 73%
0
30-seat RJ
50-seat RJ
30- and 50-seat Turboprops & Regional Jets (North America)
Average Daily Departures
10000
Totals
3Q01 (10303)
3Q05 (11998)
3Q02 (10103)
3Q06 (11258)
3Q03 (10767)
3Q07 (11162)
3Q04 (11623)
3Q08 (10120)
8000
Possible recession trends include the
effect on regionals as legacy airlines
cut back operations by 10-12 percent and the 50-seat RJ surplus of
200-300 aircraft over the next few
years will need to be replaced.
“My gut feeling is that used turboprops will be less affected by the recession due to lower operating and
capital costs,” he concluded.
10
-8%
6000
4000
2000
- 58%
- 47%
- 33%
+104%
30-seat TP
50-seat TP
30-seat RJ
50-seat RJ
0
Market Report
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October 2008
MARKET REPORT
SAAB DESTINATIONS
Dalanzadgad
Special Facts
Population:
17,000 inhabitants
Average annual rainfall:
15 days = 13cm/5 in
by Paul Bryson
Currency:
Photo: Bill Bilegsaikhan
tögrög
(pronounced “tugruk”)
Located at an altitude of about
1,470m/4,800 ft above sea level,
Dalanzadgad Airport is just
outside and northeast of the city
of Dalanzadgad City, the capital
of Umnugobi aimag (province).
This airport handled about
19,000 passengers in 2007, and
boasts the second largest domestic passenger volume among
Mongolian airports.
Gurvan-Saikhan, as the airport
is known locally, was founded
in 1957 and moved into a new
terminal in early 2007.
Handling 60 passengers in an
hour, the airport is equipped
with modern telecommunication equipment and aircraft fueling with heating equipment
and a GPU is available. The airport provides navigation services to several other airports in
the area and most recently the
Mongolian government has officially listed DLZ as an international airport. Last year, the
new airport received one international flight. Future plans are
being developed for immigration and border posts, as well as
other services required for inMarket Report
|
ternational flight handling.
There is only one runway available at DLZ (030/210), formerly
a grass covered surface, which
has recently undergone major
improvements including a fresh
2,200 m/7,200 ft asphalt surface
and a modern runway lighting
system. During the summer
season, DLZ makes very good
use of the 14-16 hours of intense sunlight by collecting
solar power to complement
other forms of power.
Improvements planned
Initially, the DLZ airport offered only a small passenger terminal, with limited facilities for
passenger services. But, with the
increased activity surrounding
the gold and copper mining
prospects at nearby Khanbogd,
and the need to further develop
the tourism industry, the
Mongolian Civil Aviation
Authority (MCAA) built a new,
more pleasing terminal and upgraded its equipment/runway.
well as candle and felt factories
and wool-washing plants.
Because of the number of
tourists who visit the area, the
town has various camps which
engage many of the locals in the
tourism industry.
considered a starting place for
the tourist’s route into the Gobi,
scheduled service from the capital
is welcomed, because the charters
flights will generally arrive from
Ulaanbaatar loaded with passengers, but return empty.
Eznis Airways, operating three
Saab 340Bs (259, 297, 359) has
scheduled service into and out
of DLZ. During the fourth
quarter of 2008, Eznis will offer
daily flights to Ulaanbaatar (or
Ulan Bator) which is Mongolia’s
capital city and also its largest
city. Air transportation is the
most desired of all travel options, and another popular option, the motorcycle, is slowly
replacing the camel and horse.
Since Dalanzadgad is typically
The Gobi is not as sandy as one
might suspect, but instead covered with bare rock. In comparison, Dalanzadgad provides the
typical scenery associated with
desert-like regions because the
town is covered in 50 cm/20 in
of sand.
Fortunately, the town’s people
believe that walking barefoot on
the sand is good for the kidneys.
Dalanzadgad is a relatively industrialized town with well-developed infrastructure and
approximately 17,000 inhabitants. There is a coal-fired powerplant, a publishing house, as
October 2008
Photo: Bill Bilegsaikhan
Dalanzadgad
Airport (ZMDZ/DLZ)
11
MARKET REPORT
Operational status
Saab 340
414 aircraft in service
60 operators in 31 countries
13.1 million flight hours
14.6 million flights
SAAB 340
SAAB 2000
SAAB 340 & 2000
Saab 2000
58 aircraft in service
13 operators in 11 countries
1.1 million flight hours
1.1 million flights
(as of July 2008)
Operator
Country
340 2000 Operator
Americas
Country
340 2000 Operator
Country
340 2000
Europe & Africa
Americas
5
SOL
Argentina
3
Moldavian Airlines
Moldavian Rep
USA
53
TAG
Guatemala
1
NextJet
Sweden
1
Bimini Island Air
USA
2
Transwest Air
Canada
3
Norse Air
South Africa
5
Calm Air
Canada
6
Vigo Jet
Mexico
1
NRT
Gabon
2
Caribair
Dominican Rep.
2
Western Air
Bahamas
3
OLT
Germany
2
Colgan Airways
USA
Overland Airways
Nigeria
1
Corporate Express
Canada
1
Air Express
Sweden
RAF-AVIA
Latvia
2
FGI Associates
USA
1
Airfast
Congo
1
Robin Hood Aviation
Austria
2
Ginn Development
USA
2
Avion Express
Lithuania
3
Ryjet
Spain
1
USA
3
Avitrans Nordic
Sweden
13
SkyTaxi
Poland
1
Solinair
Slovenia
3
AeroMexico Connect
Mexico
American Eagle
Hendrick Motorsports
R
Europe & Africa
40
3
2
IBC Airways
USA
7
Carpatair
Romania
JMJ Flight Services
USA
1
Central Connect Airlines
Czech Republic
7
South Airlines
Ukraine
2
Joe Gibbs Racing
USA
CTK Network Aviation
Ghana
2
Sprint Air
Poland
10
Mesaba Airlines
USA
49
Darwin Airline
Switzerland
Swedish Air Force
Sweden
9
Murray Aviation
USA
1
DOT
Lithuania
Napleton Aviation Group
USA
1
Eastern Airways
Great Britain
Air Rarotonga
Cook Islands
1
Pacific Coastal Airlines
Canada
8
Estonian Air Regional
Estonia
2
Eznis Airways
Mongolia
3
Pegasus Air
Cayman Islands
1
Fleet Air
Hungary
2
Hokkaido Air System
Japan
3
Peninsula Airways
USA
flyLAL
Lithuania
4
Japan Air Commuter
Japan
11
Prince Edward Air
Canada
1
Golden Air
Sweden
9
4
Japan Civil Aviation Bureau
Japan
Provincial Airlines
Canada
2
Kenya Airways
Kenya
2
Japan Coast Guard
Japan
4
Saint-Ex
Mexico
3
Loganair
Great Britain
MacAir
Australia
8
Bahamas
3
Mali Air Express
Mali
2
Polet Airlines
Russia
Mars RK
Ukraine
2
Regional Express
Australia
SkyBahamas
2
10
Saab Aircraft Leasing, Inc.
21300 Ridgetop Circle
Sterling, Virginia 20166, USA
Tel: +1 703 406 7200
Fax: +1 703 406 7224
www.saabaircraftleasing.com
www.saabaircraft.com
Saab Aircraft Leasing
Postal address:
Box 7774, 103 96 Stockholm, Sweden
Street address:
Sveavägen 17, 11th Floor
111 57 Stockholm, Sweden
Tel: +46 8 463 1400
Fax: +46 8 463 1409
12
4
Asia-Pacific
2
6
16
3
Saab Aircraft Leasing
4-7-13-205 Meguro
Meguro-ku, Tokyo
Japan 153-0063
Tel: +81 3 3792 4300
Fax: +81 3 3792 4315
6
41
Saab Aerotech
SE-581 88 Linköping
Sweden
Tel: +46 13 18 00 00
Fax: +46 13 18 51 15
Saab Aerotech of America, LLC
21300 Ridgetop Circle
Sterling, Virginia 20166, USA
Tel: +1 703 406 7200
Fax: +1 703 406 7222
Market Report
2
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October 2008