Cash shortfall ends supersonic dream

WORK ON the Aerion AS2 supersonic business jet has been halted. Aerion Corporation employees were informed of the decision to cease operations on May 21. The Reno, Nevada, based company reported that it was ending work because of difficulties raising the finance to complete production of the AS2.

The news came as a shock to many within the industry, as Aerion had long been a pioneer in the nascent supersonic business jet sector and has spent almost two decades creating and refining its AS2 concept.

It has partnered with several established manufacturers over the years, reaching an agreement with Boeing in 2019 to provide financial, engineering and industrial resources to advance the programme. Aerion also reported that its order backlog for the AS2 was worth US$11.2 billion, quoting a list price of US$120m for the aircraft. Commitments included 20 for Flexjet placed in 2015 and 20 for NetJets announced in March 2021.

Become a Premium Member to Read More

This is a premium article and requires an active subscription to view. You can also access it if you’re subscribed to one of our Key Publishing magazines.

I’m an existing member, sign me in!

I don’t have a subscription…

Why not join our community of aviation enthusiasts? Pick one of our introductory offers and access a wealth of world-class aviation content

Subscribe now