Aircraft
Aerion accepting letters of intent for supersonic bizjet
Aerion has started accepting letters of intent for the first 80 delivery positions of its projected supersonic business jet and has appointed Zurich-headqu

Aerion has started accepting letters of intent for the first 80 delivery positions of its projected supersonic business jet and has appointed Zurich-headquartered ExecuJet Aviation to offer half of them to customers outside the Americas. The first delivery position went to prominent Saudi businessman, Dr. Tarek bin Laden, who is expected at the airshow today.

Aerion lists the airplane for $80 million in 2007 dollars, and a refundable deposit of $250,000 will secure one of the delivery positions. Aerion vice chairman Brian Barents said market demand drove the decision to accept deposits. “As confidence in the Aerion program has grown we have been approached by a number of prospective customers wanting to secure positions,” he said. “We would be remiss to ignore their enthusiasm and interest.”

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