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8/16, 4:28 PM (Source: TeleTrader)
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American Airlines to buy 20 supersonic planes from Boom

American Airlines announced Tuesday the acquisition of up to 20 Overture aircraft, with an option for an additional 40 from Boom Supersonic.

"Boom Supersonic's Overture would introduce an important new speed advantage to American's fleet, which is currently the simplest, youngest, and most efficient among US network carriers," said the communique of the company. American already paid a non-refundable deposit for the initial 20 aircraft.

"Looking to the future, supersonic travel will be an important part of our ability to deliver for our customers," said Derek Kerr, American's Chief Financial Officer. "We are excited about how Boom will shape the future of travel both for our company and our customers."

Baha Breaking News (BBN) / JG