Aerion executives are at the Paris Air Show this week, with their biggest presence yet, conducting business from their own chalet. Their goal is to facilitate discussions with potential OEM partners and potential launch customers, as they continue to tweak the design for their proposed supersonic business jet. “The level of interest we are seeing … suggested to us it was time to raise our profile at Paris,” said Aerion Vice Chairman Brian Barents. “We expect in the course of this week to move the Aerion aircraft much closer to reality.” The company is seeking partners who will bear the cost of developing the estimated $80 million aircraft and bring it to market, an effort expected to take five years and $2 billion. The current initial phase of design and planning is fully funded by an investor group led by Robert Bass. The latest design includes a larger cabin, in addition to a lengthened aft fuselage and reduced tail surface area to provide improved takeoff performance, lighter weight and lower drag at cruise speed. Aerion Corp. is based in Reno, Nev.
Aerion Courts SSBJ Partners At Paris
Key Takeaways:
- Aerion is actively seeking OEM partners and launch customers at the Paris Air Show to advance its supersonic business jet project.
- The company is looking for partners to invest an estimated $2 billion over five years to develop the $80 million aircraft, with initial design phases currently funded.
- The latest design incorporates improvements such as a larger cabin, enhanced takeoff performance, lighter weight, and reduced drag.
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