The Aerion SST—the most promising effort in years to represent the next step in supersonic travel since the demise of the Anglo-French Concorde—has reached the end of the line after the company said it had run short of cash. The Reno, Nevada-based aircraft builder said Friday it is closing its doors for good according to a story in Florida Today.
Aerion Halts Work on AS2 Supersonic Business Jet
Key Takeaways:
- Aerion Supersonic, developer of the AS2 supersonic business jet, has ceased operations due to a failure to secure necessary capital.
- The company's shutdown comes despite an $11.2 billion order backlog, heavyweight partners like Boeing and GE, and a recent order of 20 jets from NetJets.
- This closure marks the end of the most promising effort in years to advance supersonic travel since the Concorde.
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