American Airlines Inks Deal for 20 Boom Supersonic Overture Aircraft

American Airlines has announced it will buy 20 Boom Supersonic Overture aircraft—an airplane that its maker says will slash commercial air travel times in half.

Kimberly Johnson

Tuesday, August 16, 2022 at 04:44 PM ET

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Overture is the culmination of 26 million core-hours of simulated software designs, five wind tunnel tests, and the careful evaluation of 51 full design iterations, resulting in an economically and environmentally sustainable supersonic airliner. [Courtesy: Boom Supersonic]

Key Takeaways:

American Airlines has ordered 20 Boom Supersonic Overture aircraft, with an option for 40 additional jets, committing to significantly reduce commercial air travel times.
This investment follows similar provisional agreements and development funding from other major airlines, including United Airlines and Japan Airlines, for supersonic civilian aircraft.
The Overture jet, designed to fly 65-80 passengers at Mach 1.7, is also being developed into a military variant through a partnership between Boom and Northrop Grumman.
Boom anticipates the first Overture aircraft to roll out in 2025 and begin commercial service with passengers by 2029.

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In a bid for the title of largest and fastest airline, American Airlines (NASDAQ: AAL) has announced it will buy 20 Boom Supersonic Overture aircraft—an airplane that its maker says will slash commercial air travel times in half.

The deal for the jet—which is currently in development—was cinched by the airline paying a non-refundable undisclosed deposit on an initial 20 aircraft. The agreement also comes with an option for the purchase of an additional 40 Overtures, each with an estimated $200 million price tag.