Quantcast

Cost-effective choice: Why business aviation firms favor the Saab 340

Flight Centre tips ‘price war’ as first direct Melbourne to LA Delta flights go on sale
FAA reverses course on meeting prohibition, blaming rogue employee
US court blocks Biden administration's airline fee disclosure rule
JetBlue Issues Dim Outlook But Execs Remain Confident in Turnaround Plan
Delta to Resume Tel Aviv Flights April 1
Boeing CEO Ortberg outlines 2025 priorities after heavy losses
Storm Eowyn: Thousands of trains, flights and ferries cancelled as 100mph wind batters UK
Indian carrier long haul: IndiGo returns to profitability, plans long haul flights
These Frequent Fliers Are Done With Loyalty Programs
JetBlue accepting Venmo as payment method for flights purchased through mobile app
United Airlines stock rallies on results, as growing demand wasn’t just about premium seats
Delta Adds Another Alaska Route
Southwest to Reduce Pilot Head Count at Several Bases
Dublin Airport savings boost for holidaymakers – but passengers need to be quick
American Halts CRJ-200 Operations
Shanghai Airlines to Launch Casablanca Route
Delta employees to receive an average five weeks of pay in annual profit sharing
Akasa Air faces DGCA heat for lapses; warning letter issued to airline's accountable manager
Indigo Eyes European Market Amid Intensifying Competition with Air India
Air India to operate daily Delhi-Prayagraj flights for Maha Kumbh
Engine maker agrees to compensate WizzAir for grounded planes
Turkish Airlines’ flights are riddled with bedbugs, passengers say
British Airways frequent flyers react to Executive Club changes
Inside the short-lived, men-only flights where kids and women were banned but cigar and pipe smoking were rife
China steps up drive to break Boeing, Airbus grip on plane market
Heathrow’s New York service clings to spot in top aviation routes
Airline praises pilots in crash-landing where both died but nearly half the passengers survived
Mexico state airline to buy five Embraer planes next year
A record number of people are expected to fly over the holidays. That's good for travel stocks, but not for passengers.
American Airlines technical issue sparks travel chaos on Christmas Eve as flights heavily delayed after being grounded
Cost-effective choice: Why business aviation firms favor the Saab 340
Policy
Webp received 636069689425991
Saab 340 | Wikipedia

The Saab 340, a Swedish twin-engine turboprop aircraft, is designed to accommodate 30 to 40 passengers. As of 2018, over 200 units were operational among 34 different operators. The manufacturer, Saab AB, originated in Sweden in 1937, initially focusing on the defense industry before transitioning into the commercial airline sector in the 1970s.

The development of the Saab 340 began during that period, targeting short-haul routes. In 1980, Saab partnered with American manufacturer Fairchild Aircraft. Fairchild was responsible for certain sections of the aircraft, while Saab handled development, system integration, and certification costs. The Saab 340 emerged with four turboprop engines and a passenger capacity of 34 seats.

Operators favor the Saab 340 for business aviation due to factors such as affordability, versatility, range, and value for money. Turboprop aircraft like the Saab 340 are more fuel-efficient on short-to-medium-haul flights, have lower operating costs, and can operate from shorter and less developed runways. This flexibility enhances their suitability for companies requiring access to remote locations. Furthermore, the Saab 340 retails at a significantly lower price than many business jets, making it an attractive option for first-time buyers seeking cost-efficient operation.

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

The Saab 340 has two main variants: Saab 340A and Saab 340B. The 340B variant offers improved performance and efficiency, making it suitable for regional operations. It boasts enhanced payload capacity and speed, with extended wingtips in the ExtWT models providing better lift performance.

Comparisons with other regional aircraft reveal that the Saab 340 is similar to models like the Embraer EMB 120 Brasilia and the Dornier 328. These aircraft vary in terms of design, range, and operational features, offering diverse solutions for regional travel needs.

The cost of owning a Saab 340 is relatively lower compared to many business jets. Purchase price for a used model is around $2 million, with annual insurance expenses exceeding $20,000. Customer customizations can elevate the initial purchase price, although operating costs remain lower than those of midsize business jets.

Organizations Included in this History
More News

In May 2025, Qatar Airways entered into a $96 billion agreement with Boeing to purchase 210 widebody jets, including options for 50 more.

Jul 1, 2025

The first MC-21-210 airliner, composed entirely of Russian-produced components, took its maiden flight on April 23, 2025.

Jul 1, 2025

Skytrax has once again awarded Qatar Airways the title of the world's best airline.

Jul 1, 2025

United Airlines' merger with Continental Airlines in 2010 is notable for more than just combining routes and adopting a new logo.

Jul 1, 2025

Romania has confirmed the acquisition of 18 General Dynamics F-16 'Fighting Falcon' fighter jets from the Netherlands for a symbolic price of €1, equivalent to $1.17.

Jul 1, 2025

The U.S. Department of Defense has reportedly decided to cancel the Boeing E-7A Wedgetail program, a significant airborne surveillance aircraft project that was set to replace the aging E-3 Sentry fleet.

Jul 1, 2025