Regional Express (Rex) has sold a Saab 340A to Argentine airline SOL Líneas Aéreas, as part of the phasing out of all eight of its first generation Saab 340As whilst introducing 25 Saab 340B-Plus aircraft into the fleet.
Rex had previously sold a Saab 340A to Bridges Worldwide Express and has also converted two more of the A-model into freighters for its wholly-owned subsidiary Pel-Air Aviation. Rex is also currently in the process of finalising the sale of another two Saab 340A aircraft to a European operator.
Rex managing director, Jim Davis commented, “The latest generation Saab 340B-Plus with extended wing tips offers an enormous increase in carrying capacity and airfield performance compared to the earlier A-models. They also deliver improvements in passenger comfort, having higher seat backs, larger overhead lockers and a quieter cabin."
The DoD has changed its structures and is been increasing efforts to facilitate access to loans by companies interested in working with artificial intelligence, advanced materials and semiconductors, biotechnology and quantum science.
India has approved millions of dollars in new military purchases, most of which will go to public sector companies.
The main obstacles to overcoming risks in the region are a lack of a strong cybersecurity culture and inadequate funds to invest in this domain given a widespread Chinese presence in the region.
MBDA is adapting to supply chain pressures as the Russian invasion of Ukraine leads to increased demand for armaments.
Despite the additional funding promised this week, the UK armed forces still look set to face cutbacks, and maintaining international commitments to AUKUS and GCAP may limit the options for other programmes.
This week on the Shephard Defence Podcast, senior naval reporter Harry Lye and military training & simulation reporter Norbert Neumann chat with Professor John Louth.
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