Japan Air invests $10 in Boom Technology Inc

Published on : Wednesday, December 6, 2017

jalJapan Airlines Co invested $10 million in US startup Boom Technology Inc who wants to revive ultra-fast travel by building a supersonic jet for passenger travel.

 

The two companies mentioned in a joint statement posted on the carrier’s website that the Japan Air had agreed to take the option of purchasing 20 aircraft.

 

After billionaire Richard Branson’s Virgin Atlantic, the Asian carrier will be the second company to announce the intention of purchasing Boom’s supersonic jet.

 

 

Boom wants to build a 45-to 50 seat aircraft which be cruising at Mach 2.2 (1,451 miles per hour) or which will be taking passengers between New York and London in around three hours.

 

 

Earlier Concorde was flown by the British Airways and Air France at  very high speed but it retired in 2003 after three decades in service as customers stopped availing the jet due to declining economies.

 

 

Japan Air will be supporting Boom with knowledge and experience in developing the aircraft.

 

 

The aircraft is expected to enter into service in mid 2020s with a range of 8,334 kilometers the distance between  Beijing and London.

 

Boom Technology CEO Blake Scholl said that the company has committed for 75 planes and customers have paid significant amount and the orders were paid across five airlines.

 

 

Boom  has already struck  a deal with the Spaceship Co, the manufacturing division of Richard Branson’s Virgin Atlantic, to avail the company’s engineering, design and flight –test support services.

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