Aerion Ceasing Operations Of AS2 Jet, Company Says

Aerion AS2 supersonic jet. Credit: Aerion Corp.
Supersonic aircraft developer Aerion Corp. on May 21 confirmed that it is ceasing operations of its AS2 business jet program after years of development, citing difficulty in raising the capital needed to complete production. Employees were told of the development the same day. The $120 million...

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