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— - 1 Blake Scholl - 1 Henry Harteveldt - 1 Boom - 1 Charles - 1 Chuck - 1 Yeager - 1 Doc - 1
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Service - 1 Federal Aviation Administration - 1 eventual - 1 FAA - 1 Business - 1 Boom's - 1 United Airlines - 1 American Airlines - 1

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4 mentions found


☆ Boom Supersonic says it will conduct the first test flight of its ultra-speedy 'baby boom' prototype aircraft later this year
  + stars: | 2023-11-26 | by ( Taylor Rains | ) www.businessinsider.com   time to read: +4 min
Colorado startup Boom Supersonic is developing a faster-than-sound jet called Overture. Boom hopes to conduct its first XB-1 flight by the end of this year. The engines on Boom's XB-1 supersonic test plane. To prepare for its first XB-1 flight, Boom said its test pilots had completed hundreds of hours of flight training in a simulator and a trainer aircraft. AdvertisementA pilot sitting in the cockpit of the Boom Supersonic experimental aircraft.
Persons: —, Blake Scholl, Henry Harteveldt, Boom, Charles, Chuck, Yeager, Doc, Shoemaker Organizations: Service, Federal Aviation Administration, eventual, FAA, Business, Boom's, United Airlines, American Airlines, Electric, Pratt & Whitney, GE, Honeywell, Safran Aircraft, Royce, CFM International, Atmosphere Research, Mojave Air, Space Port Locations: Colorado
☆ Jefferies upgrades this multinational on continued growth in the aerospace sector
  + stars: | 2023-04-20 | by ( Brian Evans | ) www.cnbc.com   time to read: +1 min
Jefferies thinks a storied multinational can benefit from strong growth in its aerospace segment. Jefferies posits that GE will grow its aerospace sector sales by 16% in 2023 to $30.2 billion. GE YTD mountain General Electric could continue to benefit from the growth of its aerospace segment, according to a Thursday note from Jefferies. "GE Aerospace will have a clearer story to tell following the GE Vernova spin in early 2024, which we believe is one of the better positioned stories to the aerospace ramp," Jefferies equity analyst Sheila Kahyaoglu wrote on Thursday. Aerospace margins could also grow to 20% by 2025, Kahyaoglu said, although operating expenses will continue to add pressure.
☆ The world's largest jet engine maker confirms it won't develop supersonic engines for Boom, leaving the startup with few options
  + stars: | 2022-10-21 | by ( Taylor Rains | ) www.businessinsider.com   time to read: +4 min
CFM International told media on Sunday that the company has no plans to build a supersonic engine for Boom. Colorado-based startup Boom Supersonic is developing an ultra-high-speed jet, known as Overture, that could catapult travelers from New York to London in less than four hours. But, there is one problem — no engine makers want to help Boom create a supersonic engine. Engine maker Rolls-Royce was at one point a contender, having signed an "engagement agreement" with Boom in 2020 to look into a supersonic engine. However, if Boom is able to pull off creating a supersonic engine, it could give the company a big advantage in the industry.
☆ Supersonic jet startup Boom's future is in doubt after every major jet-engine maker refuses to help
  + stars: | 2022-09-18 | by ( Taylor Rains | ) www.businessinsider.com   time to read: +4 min
Travel analyst Henry Harteveldt told Insider that Boom may build its own engine, which could be advantageous. However, Rolls-Royce told AIN Online in early September that it has since left the table. "We've completed our contract with Boom and delivered various engineering studies for their Overture supersonic program," Rolls-Royce said. "As a practice, we avoid commenting on any ongoing and confidential negotiation with our suppliers, until both sides are ready to announce jointly," Boom told Insider on Friday. "However, we can reconfirm our intention to announce Boom's selected engine partner and transformational approach for reliable, cost-effective, and sustainable supersonic flight, later this year."
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