United Airlines Charges Ahead With This New Purchase

This past Thursday, in a groundbreaking deal, United Airlines has signed an agreement to purchase 15 supersonic aircraft from Boom Supersonic. The agreement has a further option that includes the possible purchase of another 35 jets.

In an announcement, Boom Supersonic stated that United was to be the first U.S. airline to agree to and sign an aircraft purchase agreement, and seeks to “purchase 15 of Boom’s ‘Overture’ airliners” as soon as they meet “United’s demanding safety, operating and sustainability requirements.”

As stated in the announcement, the aircraft will start their journeys carrying passengers in 2029, where the “net-zero carbon aircraft” will be flying on “100% sustainable aviation fuel (SAF).”

Reportedly, the jets will fly “twice as fast as today’s passenger jets,” with the flight plan of a journey between Newark Liberty International Airport in Newark, U.S. to Heathrow Airport in London taking place in just three and half hours instead of the normal six and half hours. As the plans state, the Overture airline will start going out in 2025, with its first flight scheduled to happen in 2026.

“United continues on its trajectory to build a more innovative, sustainable airline and today’s advancements in technology are making it more viable for that to include supersonic planes,” stated the United Airlines’ CEO, Scott Kirby. “Boom’s vision for the future of commercial aviation, combined with the industry’s most robust route network in the world, will give business and leisure travelers access to a stellar flight experience. Our mission has always been about connecting people and now working with Boom, we’ll be able to do that on an even greater scale.”

“The world’s first order of net-zero carbon supersonic aircraft marks a significant step toward our mission to create a more accessible world,” tacked on Black Scholl, who is the Founder and CEO of Boom Supersonic. “At speeds twice as fast, United passengers will experience all the advantages of life lived in person, from deeper, more productive business relationships to longer, more relaxing vacations to far-off destinations.”

As reported by Boom Supersonic, these new aircraft will be able to seat between 65-88 passengers, with a cruising altitude of 60,000 feet, speed of Mach 1.7, and range of 4,888 miles.

This new purchase and release seem to be a part of United Airlines’ “environmental commitment.”

“We’re embracing a new goal to be 100% green by 2050 by reducing our greenhouse gas emissions 100%. And we’ll get there not with flashy, empty gestures, but by taking the harder, better path of actually reducing the emissions from flying,” stated Kirby. “We (also) realize there’s a limit to what a single company can do alone. That’s why we are continuing to seek opportunities to collaborate with other industries. We must reach across industries to develop coordinated efforts to accomplish what must be our collective goal of carbon neutrality.”

Apparently, United Airlines Holdings Inc. stick fell by about 4% in the wake of this purchase release, falling from $59.60 at the days start to $57.94  near close Thursday afternoon.

 

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