The Swedish government could have given its fighter jets to Switzerland for nothing
Wednesday, 09 October 2013
As the Swedish government has been working extremely hard to sell its
Gripen fighter jets to Switzerland, and as it look like the deal has
gone through, it is emerging that the deal in Switzerland could be
worse for the Swedish government than has previously thought, in
financial terms. Saab Gipen jet fighter/Granscole
Swedish media reports hold that the combined price for the fighter jets
has been reduced from around Skr1 billion to Skr800 million, begging
the question if it makes commercial sense to sell the jet fighters to
the country after all.
The Swiss government wants to buy 22 Gripen figh jets the E models for
3.1 billion Swiss francs, or about Skr 21.5 billion, the price tag that
was mentioned earlier for the whole affair.
But according to news reports the jets will now be sold for about
Skr17.7 billion meaning a discount per aircraft of approximately
Skr200,000. It is not clears as to why the Swiss want to reduce the
price this low. We speculate that it could be due to increased pressure
from competitors such as the French or probably, it is that the Swiss
authorities want to show its people, some of whom are protesting
against the business that it is cheaper than they might have thought.
Revenues from the business will not go to the Swedish treasury. The
government would rather spend the money on further development of the
JAS program, reports radio Sweden.
Although the chambers of the Swiss Parliament, after a lengthy process,
voted to buy the 22 JAS Gripen planes, opponents of the aircraft
business collecting at least 50,000 signatures needed for
Switzerland to hold a referendum on the issue.
Should the referendum, expected to be held in May or early next fall
generate enough Nays, the deal will be halted, radio Sweden reports.
by Scancomark.com Team