Will the Ukraine fighter deal get off the ground?

Dispatch | Sweden and Saab may be investing in a pipe dream

A Swedish Air Force Saab JAS 39 Gripen flies past the audience during the 2019 Royal International Air Tattoo at RAF Fairford, England, July 20, 2019. Photo: Wikimedia Commons.

Update: On closer reading, Saab’s statement that no contract or order had been received may specifically refer to Sweden’s future replacement of donated aircraft. A firm Ukrainian order is nonetheless outstanding, and the precise state of the deal is still unclear to markets.

— Johan