More than a year ago, Airbus announced that it would collaborate with Aerion, a start-up with plans to build a supersonic business jet, the AS2. Airbus’s participation was limited, but important. But every little bit helps, considering development costs are expected to reach $4 billion.
In mid-November, Aerion announced an order of 20 AS2s by private jet lessor Flexjet. The supersonic AS2 is expected to make its first flight in 2021 and enter service in 2023. The 12-passenger AS2 is expected to cost about $120 million, and it will be able to shave about two and a half hours off a transatlantic flight from New York to London.
For comparison, Boeing’s new 787 MAX 8 has a list price of $106.9 million, carries up to 200 passengers and likely will have a sub-sonic cruising speed of around 590 mph. The Airbus A320neo will cost $106.2 million and have a maximum capacity of around 180 and a cruising speed of about 590 mph. The Aerion AS2 will cost more than $100 million, carry a maximum of 12 passengers and have a maximum cruising speed of around 1,150 mph.
[ims_survey]
No engine partner has been named yet, but the usual suspects are expected to make a pitch for the business.
The AS2 is more costly to operate than a conventional plane, for the plane’s target market price is usually pretty far down the list of concerns.
It’s Your Money, Your Future—Own It (sponsor)
Retirement can be daunting, but it doesn’t need to be.
Imagine having an expert in your corner to help you with your financial goals. Someone to help you determine if you’re ahead, behind, or right on track. With SmartAsset, that’s not just a dream—it’s reality. This free tool connects you with pre-screened financial advisors who work in your best interests. It’s quick, it’s easy, so take the leap today and start planning smarter!
Don’t waste another minute; get started right here and help your retirement dreams become a retirement reality.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.