AM Online

Guest blog :We at Saab intend to survive

This blog was taken from


Yesterday the newspapers had stories of impending doom, predicting a bankruptcy filing by Saab some time later that day. This journey we’re on is quite literally hour-by-hour at the moment, so I’m sure there were reasons for the papers to believe that the story was feasible at some point. But please don’t believe for a moment that anyone here at Saab wants to throw in the towel.

As you’ve seen via today’s news, our Chinese partners, Youngman, have transferred some funds to our accounts to help us fulfil some of our obligations. We are still working on securing vital funding needed to pay staff wages and continue with the reorganisation process, a process that we will petition for the continuation of this week.

Our discussions with our partners and stakeholders continue and our executive team are still working around the clock to see this company survive and continue into the future. We know that if we can clear the obstacles immediately in our path, that we have the people and the product to succeed. Clearing those obstacles is what we’re working on right now.

As always, thanks for your support. We know it’s been a roller-coaster and it may continue that way for a little while yet. But please know that we’re determined to succeed, and as you can see from the payment received today, we have supportive partners working with us to make sure we have the best chance possible to do so.


If you are not a registered user your comment will go to AM for approval before publishing. To avoid this requirement please register or login.

Comment as guest

Login  /  Register


No comments have been made yet.