state Florida president 2020 state Florida

Aerion Supersonic abruptly shuts down, citing financial challenges

Reading now: 975
www.clickorlando.com

Aerion Supersonic, which had touted plans to build a $375 million jet-building facility at Orlando Melbourne International Airport, abruptly announced Friday it was shutting down, reports Florida Today. “The AS2 supersonic business jet program meets all market, technical, regulatory and sustainability requirements, and the market for a new supersonic segment of general aviation has been validated with $11.2 billion in sales backlog for the AS2,” a company statement released Friday afternoon said. “However, in the current financial environment, it has proven hugely challenging to close on the scheduled and necessary large new capital requirements to finalize the transition of the AS2 into production,” the statement said. [TRENDING: Fiancé

Read more on clickorlando.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA