Those super-long trans-Atlantic flights could be a thing of the past, especially with the next generation of supersonic passenger aircrafts. New supersonic jets are being made for the 1%, which are capable of hitting Mach 1.6, or over 1200 miles per hour.
Aerion, a Reno, Nevada-based company is developing a new supersonic jet with a price tag of $110 million. The jet holes 12 passengers, and is around twice as fast as the Gulfstream G650, which is worth $65 million, and capable of flying passengers between New York and London in just 7 hours. The new $110 million supersonic jet however, cuts that time in nearly half, to just over 4 hours.
Andrew Goldberg, the CEO of Metropolis Group, which is an investment firm with expertise in the aerospace sector, said that it’s the “corporate jets and the very rich who would value the speed and pay a high price.” Jeff Miller, Aerion’s head of marketing and communication said “There’s a business case and a demand for this. People want to get places faster.”
Considering the high price, the company has been inundated with orders, recently signing an agreement with Airbus for technical assistance. Considering Airbus constructed the Concorde, this is a big contract. The company hopes to land its first plane in the hands of the company by 2022.
Source: CNN.
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