Still Seeking Partner, Aerion Racks Up Orders for SSBJ

AINalerts » May 21, 2008
May 21, 2008, 7:45 AM

Reno, Nev.-based Aerion is still hoping to convince an OEM partner to join it by the end of this year in its quest to build a supersonic business jet capable of sprinting from New York to London in just four hours. In the six months since the company began accepting orders for the Mach 1.6, $80 million twinjet, 40 would-be buyers have signed letters of intent backed by refundable deposits of $250,000. The question for Aerion now centers on whether the early interest in the airplane will be enough to persuade a major OEM to commit the billions of dollars needed for certification. Aerion’s goal is to secure a partner in the coming months and certify the airplane in 2014. Aerion vice chairman Brian Barents points to the number of orders received for the $59.5 million Gulfstream G650 as evidence that there is demand for an $80 million supersonic jet. The majority of the Aerion orders so far have come from individuals, as well as a few corporations, he said.

Share this...

Please Register

In order to leave comments you will now need to be a registered user. This change in policy is to protect our site from an increased number of spam comments. Additionally, in the near future you will be able to better manage your AIN subscriptions via this registration system. If you already have an account, click here to log in. Otherwise, click here to register.