After the news of the AAL purchase broke, James Marques, Associate Aerospace, Defense, and Security Analyst at GlobalData, a leading data, and analytics company, shared his views on the future of supersonic air travel on August 19. He also added:
Engineering challenges
Supersonic flights will face numerous engineering challenges as engine efficiency, and noise pollution have yet to be fully addressed and properly improved. Yet, the Boom has garnered attention and looks promising as the US Air Force is offering $60 million in funding for further development. Additionally, Rolls Royce will be involved in the development of the engine, looking to find ‘economically viable solutions to efficiency issues.’ Marques added that operating and maintenance costs did not allow for the development of new supersonic aircraft to flourish. Overall, the technology is developing at an exponential rate, which means we might fly supersonic sooner than we initially envisioned. With multiple investors and extraordinary engineers, Boom could launch a viable supersonic aircraft prior to the announced release date. Buy stocks now with Interactive Brokers – the most advanced investment platform Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
