Business
Warren Buffett’s NetJets to buy 20 supersonic luxury planes from Aerion – The Australian Financial Review
Warren Buffet’s deal lifts the backlog of orders for AS2 jets – which will fly at 1.4 times the speed of sound or 1700km/h – to more than $US10 billion.
NetJets, the private-plane unit of Warren Buffetts Berkshire Hathaway, signed purchase rights for 20 supersonic business aircraft from Aerion, a start-up founded by Texas billionaire Robert Bass and backed by Boeing.
The deal lifts the backlog of orders for AS2 jets awaiting manufacture to more than $US10 billion ($13 billion) and production is set to begin in 2023 in Melbourne, Florida, according to a statement on Wednesday from Aerion and NetJets. Aerion has sold 90 of the planes in total and…
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