SAAB REPORTS 1996 LOSS, AFFIRMS SUPPORT FOR REGIONAL AIRLINE BUSINESS
The Saab Group, including Saab Aircraft AB, reported a before-tax operating loss of $130 million for fiscal 1996. Included was an extraordinary write-down of $175 million to support the ``repositioning'' of the Saab 2000. What that means is a major shift in marketing strategy. The marketing and...
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