Mon, Feb 18, 2008
First Orders From India Reported
Aerion Corporation,
together with its international sales distributor, ExecuJet
Aviation Group, tell ANN that it is building a fat order book
for its Supersonic Business Jet.
Within the first few weeks of 2008, Letters of Intent have come in
- including a commitment for three from the first, undisclosed
customers from India. This takes the total pledged to US$2 billion,
based on the SBJ's US$80 million price tag. The sales status was
confirmed by ExecuJet Group Managing Director Gerrit Basson, who is
visiting the Singapore Airshow this week.
"We are delighted to have secured our first sales in India," he
said, coming so close after announcing the first SBJ customer in
Pakistan," said Gerrit Basson. Pakistan's The Akbar Group signed
for one aircraft for charter operator Princely Jets during the
Dubai Air Shown November 2007, when Aerion announced it was opening
the orderbook for the first time. "Asia, and India in particular,
represent exciting growth markets for business aviation and it's
fair to say the Aerion SBJ has captured a lot of interest," he
added. ExecuJet will present the Aerion SBJ program in Mumbai next
month. It follows similar successful events in both London and
Moscow.
Aerion Corp., elected to begin taking orders in November because of
strong customer interest and advancing discussions with potential
OEM partners. The company is still on track to recruit and contract
with an OEM manufacturing partner by early 2009 which would lead to
certification and service entry by 2014.
On behalf of Aerion, ExecuJet is now offering 40 early delivery
positions to customers for a per-aircraft launch price of US$80
million in 2007 dollars. The positions will be secured by initial
deposits of $250,000.
The Aerion supersonic business jet was formally unveiled in October
2004. Since then, wind tunnel and other tests have taken the
aircraft to an advanced stage of design.
The Aerion jet is designed to cruise at speeds up
to 1.15 Mach overland without producing a boom on the ground, and
at speeds up to 1.6 Mach in other areas. Over the continental U.S.,
where regulations require speeds below Mach 1, the aircraft can
cruise efficiently just below the speed of sound, offering
economies comparable to today's large business jets. The aircraft
seats eight to 12 passengers in stand-up comfort and has a range in
excess of 4,000 nautical miles.
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