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By Reuters Staff 2 Min Read FILE PHOTO: A logo of supersonic jet maker Aerion Corporation is pictured on their booth during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 22, 2017. REUTERS/Denis Balibouse (Reuters) - Boeing Co-backed supersonic jet maker Aerion said on Wednesday Berkshire Hathaway’s private aircraft firm, NetJets, has obtained purchase rights for 20 of its AS2 business jets. The AS2 will be powered by engineered synthetic fuel and can reach supersonic speeds of up to Mach 1.4, or about 1,000 miles (1,610 km) per hour, which is 50% faster than conventional business jets, Aerion said. Production of the jets will begin in 2023 at the firm’s Aerion Park facility in Melbourne, Florida, with the first 300 AS2 aircraft planned for the first decade of production, the company said. ....
US stocks are expected to open lower on Thursday as investors await comments from Federal Reserve chairman Jerome Powell proactiveinvestors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com Daily Mail and Mail on Sunday newspapers.
Boeing-backed Aerion says NetJets takes purchase rights for 20 supersonic jets metro.us - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from metro.us Daily Mail and Mail on Sunday newspapers.
By Reuters Staff 2 Min Read FILE PHOTO: A logo of supersonic jet maker Aerion Corporation is pictured on their booth during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 22, 2017. REUTERS/Denis Balibouse (Reuters) - Boeing Co-backed supersonic jet maker Aerion said on Wednesday Berkshire Hathaway’s private aircraft firm, NetJets, has obtained purchase rights for 20 of its AS2 business jets. The AS2 will be powered by engineered synthetic fuel and can reach supersonic speeds of up to Mach 1.4, or about 1,000 miles (1,610 km) per hour, which is 50% faster than conventional business jets, Aerion said. Production of the jets will begin in 2023 at the firm’s Aerion Park facility in Melbourne, Florida, with the first 300 AS2 aircraft planned for the first decade of production, the company said. ....
Boeing Co-backed supersonic jet maker Aerion said on Wednesday Berkshire Hathaway's private aircraft firm, NetJets, has obtained purchase rights for 20 of its AS2 business jets. ....