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ECONOMY

JAL invests $10 mil. in supersonic jet developer Boom

  • December 5, 2017
  • , Kyodo News , 9:27 p.m.
  • English Press

Japan Airlines Co. has invested $10 million in Boom Technology Inc., a U.S. company developing supersonic aircraft that would cut intercontinental flight times by half, the two companies said Tuesday.

 

The deal gives JAL a 1 percent stake in the Denver-based company and the option to purchase 20 of the planes after their planned rollout in 2023. JAL will also provide technical support during the development phase.

 

The planes will be capable of flying at Mach 2.2 with business-class furnishings and 45 to 55 seats. Conventional airliners such as the Boeing 747 fly at around 900 kilometers per hour while the discontinued Concorde had a top speed of around Mach 2.

 

“Through this agreement, JAL will provide its knowledge and experience as an airline to support Boom in developing the aircraft,” their joint statement said.

 

While JAL did not give an operation plan, it said Boom’s aircraft could hypothetically cut the seven-hour flight from Tokyo to Singapore to around three hours.

 

==Kyodo

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