Thu, Nov 15, 2007
Sheikh Rashid Signs LOI
A high-flying, far-dreaming company has won its first order.
Aerion, through its international sales distributor ExecuJet, took
an order this week for its supersonic business jet from Sheikh
Rashid Bin Humaid Al Noaimi, Head of Ajman Municipality and
Planning Department. He signed a letter of intent at the 2007 Dubai
Air Show.
"We have often said that Mach 1.6 is the new speed of
leadership," said Aerion Vice Chairman Brian Barents. "Sheikh
Rashid will be one of the first world leaders to routinely fly
above the speed of sound. We very much appreciate this tangible
endorsement of Aerion and its groundbreaking supersonic
design."
"This week we have seen orders for the biggest and the fastest
airplanes," said Sheikh Rashid. "In the new global economy there is
a place for both. For me, speed confers great advantages. It will
simply speed up the pace of business activities, and allow me to
take key business associates to more places, discussing more
opportunities."
The order comes three days after Aerion announced it was
accepting orders for the supersonic bizjet, appointing Zurich,
Switzerland-based ExecuJet as its international sales agent outside
the Americas. The company says interest since then has been strong,
and a number of discussions are underway.
The Aerion supersonic business jet was publicly unveiled in
October 2004. Since then, wind tunnel and other tests have taken
the aircraft to an advanced stage of design.... but the company is
seeking to recruit an aircraft manufacturer to serve as program
integrator.
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