Two sources tell Private Jet Card Comparisons that Aerion is informing customers it plans to cease operations
Aerion says, it “is now taking the appropriate steps in consideration of this ongoing financial environment.”
The much-talked-about Aerion supersonic private jet program looks to be running into headwinds. The AS2 is supposed to carry eight to 10 passengers. Its range of 4,200 nautical miles at Mach 1.4, about 1,000 miles per hour, would cut the flying time between New York and London to just over three hours.
However, two sources tell Private Jet Card Comparisons that Aerion is ceasing operations after failing to raise enough money. The sources both said the company has been informing customers over the past several days.
NetJets has obtained purchase rights for 20 AS2 supersonic business jets. Aerion’s global order backlog grows to $10 billion + ahead of a planned 2023 production start
Aerion signed a memorandum of understanding with NetJets and FlightSafety to explore wide-ranging cooperation
NetJets customers are set to break the speed of sound. The Berkshire Hathaway unit said it had obtained the right to purchase 20 Aerion AS2 supersonic private jets. The list price for the AS2 is $120 million. The order extends Aerion’s order book to over $10 billion. The new aircraft promises speeds of over 1,000 miles per hour.
Flexjet’s new headquarters will ‘look like something out of The Jetsons,’ according to a local development official
According to multiple local media reports, Flexjet is expanding its headquarters at Cuyahoga County Airport in Richmond Heights outside Cleveland.
Breaking the speed of sound is the top desire for private jet travelers surveyed by Business Jet Traveler
Respondents to Business Jet Traveler’s Readers’ Choice 2020 Survey want to break the sound barrier.
In the publication’s annual poll, 29% of respondents said they are most interested in supersonic business jets. That could bode well for Flexjet, the launch fleet customer of Aerion’s supersonic private jet, currently under development.