Scan Con Airways becomes first Saab 340 Customer in Denmark

Scan Con Airways, with bases in Thisted and Alborg, Denmark, will
introduce a Saab 340 to its fleet this month. The company, 100% owned by
Scandinavian Contractors Denmark, becomes the first Danish operator of
the 340, and revenue service will commence on the new Copenhagen
Roskilde - Alborg route on 1st March.

Scan Con Airways' Managing Director Thomas Madsen commented that the
airline is delighted upgrading to the Saab 340 previously flying Shorts
360 and Embraer Bandeirante flights on its domestic scheduled network.

"The Saab 340 is a comfortable and reliable mini airliner. It has an
excellent interior and our crews are looking forward to flying it," said
Thomas Madsen. "We are delighted to welcome the start of Saab 340
operations in Denmark with Scan Con," said Michael Magnusson, President
of Saab Aircraft Leasing.

"The 340 continues to be a popular choice for smaller regional operators
moving up from 19-seat unpressurised and 30-seat aircraft and we look
forward to working with Thomas Madsen and his team to ensure that the
aircraft has successful entry into service in Denmark.".

Some 20% of Scan Con Airways passengers will be Scandinavian Contractors
Denmark employees. In total the airline expects to carry 30,000
passengers this year on a network and which links Copenhagen with
Thisted/Alesund, plus Alborg - Oslo.

Maintenance on the 340 will be carried out by Business Flight of Sindal,

Saab Aircraft Leasing manages a portfolio of about 300 Saab 340 and Saab
2000 aircraft leased to 28 airlines around the world. With 38 employees,
head-office is in Washington, DC. Saab Aircraft Leasing is part of the
Aviation Services Business Area of Saab AB.

Saab is one of the world's leading high-technology companies, with its
main operations focusing on defence, aviation and space. The group
covers a broad spectrum of competence and capabilities in systems

For further information, please contact:
Dag Waldenström, Saab Aircraft Leasing Phone:+46 8 700 67 40 Fax: +46 8 700 67 60
Michael Magnusson, Saab Aircraft Leasing Phone +1 703 406-7220 Fax: + 1 703 406-7227

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