Betting on the Future: Boom Supersonic Gets a New Investor

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Boom reportedly has 76 preorders, not including the option of 20 aircraft from Japan Airlines, for its plane that would travel at Mach 2.2, over two times the speed of sound and faster than the Concorde, which maxed out at around Mach 2.

The new-generation supersonic aircraft, scheduled to be launched in mid-2020s or later, has a maximum flying range of 8,334 kilometers at a speed of Mach 2.2 or 2,335 kilometres per hour.

"We've been working with Japan Airlines behind the scenes for over a year now", Scholl said in a statement.

While new and advanced technologies are changing our lives significantly, flight times for air travel have stayed relatively constant.

"You won't have to be on the Forbes' list to be able to fly", Blake Scholl, founder and CEO of Boom Supersonic, said at the Dubai Airshow in November. We're thrilled to be working with JAL to develop a reliable, easily-maintained aircraft that will provide revolutionary speed to passengers.


However, Colorado-based Boom claims it will be able to make the economics work by using new technology and designs, and utilising JAL's experience. "Our goal is to develop an airliner that will be a great addition to any global airline's fleet". The Asian carrier is the second company to publicly announce an intention to purchase Boom's supersonic jet, after billionaire Richard Branson's Virgin Atlantic.

Industry figures are still debating whether regular supersonic flights, banned over the United States in 1973 by the Federal Aviation Administration, are feasible around modern cities due to the shock waves from the sonic booms the planes create.

Boom Supersonic said it received a $10 million investment from Japan Airlines Tuesday as it looks to build a jet that could take travelers from NY to London in just over three hours, potentially zipping by commercial planes from giants Boeing (BA) and Airbus (EADSY).

If it takes off, it would be the first supersonic passenger aircraft since Concorde took its final flight in 2003.

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