Saved by Antonov: Saab Sells Production Facilities to Russian Banker to Get Cash

The Swedish government offered Saab conditional backing for a deal to free up cash for the company (see previous story here), whose production lines have been stopped for two weeks as Saab didn't pay suppliers. "We have decided to allow the Debt Office to conclude an agreement with Saab," said enterprise minister Maud Olofsson during a news conference on Friday.

The government has approved a proposal from the Debt Office to allow Saab to sell real estate, including the production plant, to Russian financier Vladimir Antonov and then lease it back from him. The minister said this deal would bring €30 million to Saab in the first phase, although the real estate was worth much more than that.

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Saab Roller Coaster Continues as Cash Gets Tight

Saab just can't seem to catch a break. After moving from the General's formerly overcrowded pocket into the hands of Spyker, the once-quirky brand is now doing all it can to bring production back online after failing to pay suppliers.

The gist is this: Saab received 400 million Euros (~$580 million) from the European Investment Bank so it could keep on ticking. Sweden guaranteed the loan, meaning whatever Spyker's resolution calls for must get the go-ahead from the Man.

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New Woes for Saab, Production Halted Again After Company Fails to Pay Suppliers

Less than a week after Saab idled its Trollhattan plant in Sweden for a few days due to a shortage of parts after failing to pay suppliers, the company once again halted production on Tuesday for the same exact reasons, despite solving the previous disputes.

"Production is stopped right now. It was stopped this morning," said Saab spokesperson Gunilla Gustavs. "We are working intensively to make sure the flow gets going again. We are having discussions with suppliers and doing our best to come to mutual agreements," Gustavs added.

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New Woes for Saab, Production Halted Again After Company Fails to Pay Suppliers

Less than a week after Saab idled its Trollhattan plant in Sweden for a few days due to a shortage of parts after failing to pay suppliers, the company once again halted production on Tuesday for the same exact reasons, despite solving the previous disputes.

"Production is stopped right now. It was stopped this morning," said Saab spokesperson Gunilla Gustavs. "We are working intensively to make sure the flow gets going again. We are having discussions with suppliers and doing our best to come to mutual agreements," Gustavs added.

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Saab Temporarily Halts

In a sign of the possible problems brewing up at Saab, the Swedish firm was forced to temporarily halt production for a few hours at its plant on Tuesday as well as on Wednesday after component makers cut off deliveries to the factory because they hadn’t been paid.

“Certain suppliers halted supplies to Saab Automobile pending discussions about payments and supply terms,” Spyker said in a statement on Wednesday. “Saab Automobile expects to resolve these issues in the short term, also to prevent any further disruptions in supply. Saab Automobile has sufficient means to meet its immediate liquidity needs from existing and available sources,” the company added.

Saab Temporarily Halts Production After Suppliers Suspend Parts for Not Being Paid

In a sign of the possible problems brewing up at Saab, the Swedish firm was forced to temporarily halt production for a few hours at its plant on Tuesday as well as on Wednesday after component makers cut off deliveries to the factory because they hadn’t been paid.

“Certain suppliers halted supplies to Saab Automobile pending discussions about payments and supply terms,” Spyker said in a statement on Wednesday. “Saab Automobile expects to resolve these issues in the short term, also to prevent any further disruptions in supply. Saab Automobile has sufficient means to meet its immediate liquidity needs from existing and available sources,” the company added.

Read more »

Saab Temporarily Halts Production After Suppliers Suspend Parts for Not Being Paid

In a sign of the possible problems brewing up at Saab, the Swedish firm was forced to temporarily halt production for a few hours at its plant on Tuesday as well as on Wednesday after component makers cut off deliveries to the factory because they hadn’t been paid.

“Certain suppliers halted supplies to Saab Automobile pending discussions about payments and supply terms,” Spyker said in a statement on Wednesday. “Saab Automobile expects to resolve these issues in the short term, also to prevent any further disruptions in supply. Saab Automobile has sufficient means to meet its immediate liquidity needs from existing and available sources,” the company added.

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Saab JAS 39 Gripen Aircraft

Saab JAS 39 "Gripen" (Griffin) is a fighter aircraft from Sweden, produced by Saab. The aircraft was sold by the company Gripen International, a joint venture between Saab and BAE Systems. This aircraft has been used by Swedish air force, Czech Republic, and Hungary, and has been ordered by South Africa and Thailand.

Design

in designing this aircraft Saab kanard choose a design that is not stable. Kanard provides pitch rate is high and low resistance to allow aircraft to fly faster, farther and more mengankut load.

The combination of delta wing and Gripen Kanard provide better performance in terms of character fly and take off and land. The total integrated avionics make the aircraft is capable of "program". The aircraft also has an internal electronic warfare devices, enabling him to carry the maximum load without compromising the ability of electronic war.

The desired capability for Gripen from scratch is able to take off from runway 800 meter.Pada original project, all flights conducted from Saab in Linköping basis using reference a "line of the box" measuring 9 m × 800 m runway, runway painted. Braking distance is also shortened by enlarging the air brake (use control surfaces to push the aircraft toward the bottom, making it more powerful brake pressed down and the next step is to rotate kanard forward, memngubah kanard into large air brakes, to push the aircraft down even worse.

One interesting capability of the Gripen is the ability to land on public roads, which is one of Sweden's defense strategy. Once landed, the plane can be filled with fuel and armed again in 10 minutes by 5 people ground crew operating out of a truck, then Gripen flying back to carry out its mission.

For long-term Saab consider using newer machines such as General Electric F414 or a thrust-vectoring version of the Eurofighter Typhoon's EJ200 engine and additional fuel tanks or a fuselage extension separately mileage even further.

Radar

Gripen menggukan PS-05 / A pulse-doppler radar, made by Ericsson and GEC-Marconi, and based on the Blue Vixen radar-owned Sea Harrier (which also inspired the Eurofighter's radar CAPTOR).

The radar is capable of detecting, tracking the location, identify and automatically track multiple targets at the top or bottom of the aircraft, sea land and air, in all weather conditions.

Overview Saab Company

SAAB (originally an acronym for "Svenska Aeroplan AB." "AB" stands for "aktiebolaget" or the "Company") was established as a company SAAB aircraft in 1937 in the town of Linköping, Sweden.

After World War II Saab also started producing cars through the company Saab Automobile. The company was then purchased half by General Motors in 1990, and then the remaining ten years later.

Saab also started a computer business in the late 1950s with the name Datasaab.

In 1969 Saab took the truck maker Scania AB, and between 1969 and 1995 the company was called the Saab-Scania.


Plane

In 1995, Saab Military Aircraft and BAE Systems formed a joint venture company Saab-BAe Gripen AB, with the aim of adapting, producing, marketing and supporting Gripen internationally.

BAE SYSTEMS designs and perfect wing. Saab Military Aircraft is responsible for the overall aircraft system, including basic aircraft development and production, and testing of delivery as well.

In 1998 BAE Systems to take over 35% of Saab Military Aircraft.

SAAB CEO Jan Åke Jonsson to Retire, Victor Muller Takes Over Temporarily

Dutch automaker Spyker Cars NV announced on Friday that Saab Automobile’s Chief Executive Officer and President, Jan Åke Jonsson, has decided to step down from his position on 19 May, 2011. The company said that until a successor to the longtime Saab executive is found, Spyker Car’s CEO Victor Muller will temporarily assume the role of President and CEO of Saab Automobile AB in addition to his role as Chairman of the Board.

The 59-year old executive, who has worked for Saab for close to 40 years, took over the helm of the company in 2005 when it was still under the ownership of General Motors. Jonsson has been credited for playing a key role in the savior of Saab when the Detroit automaker wanted to close down the brand.

“I have been with Saab Automobile for almost my entire career of 40 years, of which almost six years as the head of Saab Automobile,” said Jonsson in a statement. “The last three years have of course been very demanding and forced me to focus on one thing only – my work. Now it is time for me to also spend some time on other things that had to stand back for my duties to Saab Automobile.”

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SAAB CEO Jan Åke Jonsson to Retire, Victor Muller Takes Over Temporarily

Dutch automaker Spyker Cars NV announced on Friday that Saab Automobile’s Chief Executive Officer and President, Jan Åke Jonsson, has decided to step down from his position on 19 May, 2011. The company said that until a successor to the longtime Saab executive is found, Spyker Car’s CEO Victor Muller will temporarily assume the role of President and CEO of Saab Automobile AB in addition to his role as Chairman of the Board.

The 59-year old executive, who has worked for Saab for close to 40 years, took over the helm of the company in 2005 when it was still under the ownership of General Motors. Jonsson has been credited for playing a key role in the savior of Saab when the Detroit automaker wanted to close down the brand.

“I have been with Saab Automobile for almost my entire career of 40 years, of which almost six years as the head of Saab Automobile,” said Jonsson in a statement. “The last three years have of course been very demanding and forced me to focus on one thing only – my work. Now it is time for me to also spend some time on other things that had to stand back for my duties to Saab Automobile.”

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