ExecuJet Logs More Aerion SSBJ Orders

 - February 27, 2008, 5:53 AM

Aerion and international sales distributor ExecuJet Aviation Group last month at the Singapore Airshow secured letters of intent for three more Aerion supersonic business jets from the first customers from India. This takes the total pledged LOIs for the SSBJ to $2 billion, based on the SSBJ’s $80 million price tag. Aerion elected to begin taking orders, secured by $250,000 deposits, in November because of strong customer interest and advancing discussions with potential OEM partners. Aerion said it is still on track to recruit and contract with an OEM manufacturing partner by early next year, which would lead to certification and service entry
of its SSBJ by 2014.