Image: American/Boom
The need… for speed!!!! The airline has paid a nonrefundable deposit to purchase 20 supersonic jets from Boom Hypersonic, the two companies announced yesterday, with the option for American to purchase up to 40 more.
✈️⏭ More deets: Supersonic refers to anything that goes faster than the speed of sound. Which Boom’s Overture jet – the model bought by American – certainly does, reaching speeds of Mach 1.7 (~1,300 mph, aka 1.7x the speed of sound), about twice the speed of conventional aircraft.
👀 Looking ahead… This most recent supersonic deal brings Boom’s orderbook to 130 airplanes, including options, valued at $26 billion, CEO Blake Scholl said in an interview. The startup plans to unveil the Overture jet in 2025, have its first flight in 2026, then carry its first passengers by 2029.
But just one problem, as The Points Guy reports: the Overture doesn’t yet have an engine. Boom has partnered with Rolls-Royce on engine concepts, but the engine maker’s CEO, Warren East, recently told The Air Current that his company doesn’t have anyone currently working on the project.
✈️ According to the WSJ, one state in particular has been performing poorly on the flight delay and cancellation scale, and it’s uniquely positioned to have compounding effects on air travel across the country: Florida.
💄📈 Per recently released data from the NPD Group, an org that tracks 14 categories of discretionary retail spending, “beauty” was the only one with rising unit sales in the first half of 2022.
✋💳 According to multiple recently published reports, Amazon plans to expand its Amazon One palm reading payment system to 65 Whole Foods locations across California in the coming weeks.
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