Saab has taken out a $43 million financial risk insurance deal to protect more than 200 aircraft in its lease portfolio from "future risk and volatility" in the regional aircraft market. The agreement guarantees $1.17 billion of income after the deduction of a 10% first loss to be borne by Saab. The 15-year deal covers 203 Saab 340 and Saab 2000 aircraft. Exposure on the other aircraft in its portfolio is minimal due to a long term deal with EKN, the Swedish agency for export guarantees.
Source: Flight International
