Aviation

American Airlines Announces Agreement to Purchase Boom Supersonic Overture Aircraft, Places Deposit on 20 Overtures

American, the world’s largest airline, poised to have the world’s largest supersonic fleet with new Boom Supersonic aircraft.

DENVER and FORT WORTH, Texas, August 16, 2022 — The purchase of up to 20 Overture aircraft by American Airlines, with an option to buy an additional 40, was announced today by Boom Supersonic. On the initial 20 aircraft, American has made a non-refundable deposit. It is anticipated that Overture will go twice as fast as the current fastest commercial aircraft.

Boom Supersonics’ Overture would introduce an important new speed advantage to America’s fleet, which is currently the simplest, youngest, and most efficient among U.S. network carriers. Under the terms of the agreement, Boom must meet industry-standard operating, performance, and safety requirements as well as American’s other customary conditions before delivery of any Overtures.

“Looking to the future, supersonic travel will be an important part of our ability to deliver for our customers,” said Derek Kerr, American’s Chief Financial Officer. “We are excited about how Boom will shape the future of travel both for our company and our customers.”

Overture is being designed to carry 65 to 80 passengers at Mach 1.7 over water — or twice the speed of today’s fastest commercial aircraft — with a range of 4,250 nautical miles. Optimized for speed, safety and sustainability, Overture is also being designed to fly more than 600 routes around the world in as little as half the time. Flying from Miami to London in just under five hours and Los Angeles to Honolulu in three hours are among the many possibilities.

In July, Boom revealed the final production design of Overture, which is slated to roll out in 2025 and carry its first passengers by 2029.

Aviation

Boeing, Antonov to Collaborate on Defense Projects

– MOU represents Boeing’s commitment to work with Ukrainian industry

– Includes exploring opportunities for collaborating on in-country support of Unmanned Aerial Systems

A Memorandum of Understanding was signed today by Boeing and Antonov Company to investigate potential collaboration on defense-related projects.

“We’re happy to keep collaborating with the Antonov Company to help Ukraine’s economic development and expansion,” stated Ted Colbert, CEO and president of Boeing Defence, Space, & Security.

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“This agreement demonstrates our ongoing efforts to find more opportunities to work with Ukrainian industry, which was underscored by our signing of the Ukrainian Defence Industry Compact earlier this year.”

The areas of potential collaboration identified in the agreement consist of training, logistical support and overhaul services for tactical Unmanned Aerial Systems utilized by the Ukrainian Armed Forces, which includes the ScanEagle. In addition, the companies will also explore opportunities for Antonov to provide engineering support to Boeing.

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“A strong, innovative, and efficient defense industry is key to sustainable economic development and national security, and we are extremely excited to collaborate with Boeing,” said Ievhen Gavrylov, CEO of Antonov Company.

This agreement brings a whole new level of opportunity to implement the latest and most effective solutions – in addition to the possibility of future projects with Boeing in the aerospace and defense industry.”