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Article: As Turboprops Rebound, Saab Aircraft Leasing Reaps Benefits.
- Article from:
- Regional Aviation News
- Article date:
- March 20, 2006
CopyrightCOPYRIGHT 2006 Access Intelligence, LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Economic hardships facing air carriers in 2005, driven by the surge in fuel prices, have led to a resurgence in demand for more fuel-efficient turboprops. Prior to 2005, many analysts had been writing the obituary for the turboprop. But new turboprop sales surpassed regional jet sales for the first time in 10 years, greatly benefitting turboprop brokers such as Saab Aircraft Leasing (SAL).
SAL placed 32 aircraft last year, including 10 Saab 2000s and 22 Saab 340s (see table). These turboprops were placed mostly with existing customers, such as U.S. regionals Colgan Air and Shuttle America, but five new customers also came into the fold.
Included ...