May 27, 2012
Published: 30 Nov 11 17:13 CET | Double click on a word to get a translation
Online: http://www.thelocal.se/37664/20111130/
The Swiss government on Wednesday confirmed their intention to purchase 22 Swedish Saab Gripen Fighter jets, choosing the less expensive Swedish plane over the Eurofighter or the Rafaele.
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The CEO of Swedish defence contractor Saab claimed on Friday his phone had been bugged during talks with Switzerland about Saab's sale of 22 Gripen fighter jets. READ (1 COMMENT) »
Moody's Investors Service on Thursday downgraded its long-term ratings on three Swedish banks, believed to be at risk if the European financial crisis deepens. READ (9 COMMENTS) »
A woman is suspected of theft after she dropped a stash of 1,000 kronor ($140) banknotes in southern Sweden and then fled the scene, while local residents rushed in to gather the loot that was blowing in the wind. READ (3 COMMENTS) »
A gang of Lithuanian diaper smugglers is using Sweden as a transit country to ferry cheap nappies bought in Norway for resale at a stiff markup in eastern Europe. READ (17 COMMENTS) »
Nearly 17 million foreign tourists visited Sweden in 2011, and almost all of them enjoyed their stay, according to a new report. READ (1 COMMENT) »
Police are searching for the men involved in a dramatic highway robbery in Stockholm on Tuesday night, in which one car was stolen at gunpoint and an armoured transport vehicle was rammed. READ (9 COMMENTS) »
Swedish-Danish dairy giant Arla plans to merge with both a German and a British dairy cooperative in a bid to become the largest dairy company in the UK. READ (4 COMMENTS) »
Swedish budget airline Skyways Express has cancelled all flights after it and its City Airline subsidiary filed for bankruptcy on Tuesday morning. READ (3 COMMENTS) »
Sweden's historically generous social safety net isn't as robust as it once was, according to a new report, which reveals Sweden has fallen below the average for many other developed countries when it comes to various types of social insurance. READ (41 COMMENTS) »
An error involving a Swedish printing press has turned into a very expensive headache for South African central bank officials who have been forced to destroy millions of dollars' worth of faulty banknotes. READ (4 COMMENTS) »

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Will SAAB resume production of the 50 seat planes ?
The SAAB 2000 was the wrong aircraft at the wrong time that ended SAAB's commercial aircraft adventure. The production line will never be started again.
I agree; in some regards the Gripen would have been great for Canada,
although twin-engined the CF-18 isn't bad at all..
Readiness is much higher as well -- having 80% readiness with 20 aircraft in the squadron means that 16 can fly TODAY. Having 40% readiness with a Rafaele, means that you have to buy 40 aircraft to have the same relative combat power -- something which vastly boosts Saab's attractive in the world market.
Also, critically, the price of a fighter jet is far more than its acquisition cost alone -- the life cycle cost of the Gripen is far lower than the Eurofighter or Rafaele, as I understand it. Again, that's what makes Saab's JAS series so compelling for buyers -- in an increasingly budget constrained world, these things matter a lot. I am always surprised that Saab doesn't use that fact more in its marketing.
The French were even ready to share their crowded airspace and the St Dizier airbase to train Swiss pilots...
I am glad they bought Swedish fighters instead of American ones.