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, a leading developer of the next-generation AS2 supersonic jet, has abruptly ceased operations.
- The company's closure is attributed to its inability to secure sufficient capital to finalize the AS2's transition into production.
- This shutdown occurs despite an $11.2 billion order backlog, high-profile partners like Boeing and General Electric, and a recent 20-jet order from NetJets.
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