Sat, Mar 29, 2008
Will Market Supersonic Bizjet In Canada, South America
With its order book rapidly growing in Europe, Asia and the
Middle East, Aerion is ramping up its efforts closer to home. The
company has appointed Aero Toy Store, recognized as one of the
world's largest dealers in new and pre-owned private aircraft, to
exclusively market Aerion's Supersonic Business Jet in Canada,
Mexico, South America and the Caribbean.
Aero Toy Store has already secured 12 orders for the Aerion SBJ,
placing the current order backlog at well over $3 billion. Letters
of Intent are backed by refundable deposits of $250,000 for an
aircraft presently priced at $80 million.
"Interest from our customers in this new generation private jet
already has been extremely strong; and we have only just begun to
introduce this revolutionary aircraft to a fragment of the market,"
said Aero Toy Store Chief Executive Officer, Morris Shirazi. "It is
my belief that Aerion's Supersonic Business Jet is poised to become
the new standard for corporate executive and private individual
travel across the global arena."
Aerion in conjunction with ExecuJet Aviation Group and now Aero
Toy Store began accepting LOIs in November 2007, generating sales
in Asia, Europe, the Middle East and the Americas.
"We're very gratified by our progress to date, which validates
our market assumptions and the strong demand we have foreseen for
the aircraft," commented Aerion Vice Chairman Brian Barents. "Our
new agreement with Aero Toy Store is another major vote of
confidence in Aerion's Supersonic Jet Program."
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