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New York to London in 3 Hours

August 9, 2018 By Jeremy Jones, CFA

By alredosaz @ Shutterstock.com

Super sonic jets are making a comeback. Boom Supersonic plans to deliver 2,000 supersonic jets by 2025. The cost of a one-way ticket will be about $2,600, almost the same as a business-class ticket today. Fang Block reports:

But today, “supersonic flight is coming back and reshaping the aircraft industry,” Vik Kachoria, chief executive of Spike Aerospace, tells Penta. “The future is tremendously exciting.”

Kachoria’s Boston-based company is developing the S-512, an 18-passenger luxury supersonic aircraft that took its second test flight this April. Spike is expected to deliver the S-512, which will fly at Mach 1.6 (Mach 1 is the speed of sound, at 741 miles per hour), sometime around 2023 and 2024.

Designed for the types of wealthy customers who want to shop in London and dine in New York, S-512 features a main cabin with wraparound digital screens that can play movies, PowerPoint presentations or footage captured by cameras on the jet’s exterior.

Kachoria predicts that supersonic flights could be enjoyed by over 13 million passengers annually when they begin in 2025, based on analysis of the flight routes taken by the 4 billion global passengers that flew in 2017.

Barron’s has more.

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Jeremy Jones, CFA
Jeremy Jones, CFA, CFP® is the Director of Research at Young Research & Publishing Inc., and the Chief Investment Officer at Richard C. Young & Co., Ltd. CNBC has ranked Richard C. Young & Co., Ltd. as one of the Top 100 Financial Advisors in the nation (2019-2022) Disclosure. Jeremy is also a contributing editor of youngresearch.com.
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