supersonic passenger air travel is being worked on by a Colorado based company. Both American Airlines and United Airlines have placed orders for the Boom Overture, which is supposed to be the modern day Concorde.
It's questionable how viable this idea is. Boom has been suggesting that the plane will enter service by 2029, but they haven't announced a partnership for an engine manufacturer. The commercial aviation supersonic market is not currently a priority for Rolls-Royce, which pulled out of the deal earlier this year.
A new engine partner has just been announced for the Boom Overture.
Not having an engine partner has been a concern for the viability of the jet. The new engine partner will be announced before the end of the year, as promised by boom.
We knew that Boom wouldn't have an engine partner that was a part of the "big four" Kratos will be partnering with Boom. Information about the financial arrangement between the companies is limited.
The company plans to invest $500 million in a production facility at the Piedmont Triad International Airport.
Good news that Boom found an engine partner.
I am still skeptical about this being a viable concept despite the fact that boom has raised an unbelievable amount of money. Can a jet be built that can fly fast? I think so.
Is it possible for Boom to build a plane that could carry passengers within seven years? I'm much more cautious about it.
If Boom is willing to take a multi-billion dollar loss on the project, the Boom Overture may be able to carry passengers by the year 2040. I don't think this plane will be profitable and could be flying by 2029.
I want to be proven wrong.
Kratos Defense and Security Solutions is the new engine partner for the Overture supersonic jet. This is good news because Boom promised an announcement before the end of the year. How substantive is this partnership? Is Kratos 100% committed to making this a reality regardless of the cost, or is it more of a PR stunt?
What do you think about this situation?