Supersonic Bizjet Developer Aerion Halts Operations
Cites lack of available financing for its decision to cease operations.
Despite an $11.2 billion backlog for its AS2 supersonic business jet, Aerion Corp. couldn't raise enough funding to bring the AS2 to production, causing it to cease operations on May 21, 2021. (Photo: Aerion Corp)
Despite an $11.2 billion backlog for its AS2 supersonic business jet, Aerion Corp. couldn't raise enough funding to bring the AS2 to production, causing it to cease operations on May 21, 2021. (Photo: Aerion Corp)

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