Despite Initial Backing By A TX Billionaire and Boeing, It All Goes Bust
Aerion... one of a very few companies currently attempting to build the next generation of supersonic aircraft, this time for the BizJet market, has announced that it is shutting down. The reason is a familiar one... without the bucks, there can be no Buck Rogers -- even with supportive partners like Boeing, GE and NetJets. As such; the ambitious program to build the AS2 supersonic aircraft has failed to attract sufficient investment and is done before they even got a prototype in the air.