American Airlines places deposit on 20 supersonic passenger planes

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American Airlines places deposit on 20 supersonic passenger planes
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American Airlines has agreed to buy up to 20 supersonic jets and put down a non-refundable deposit on the planes that are still on the drawing board and years away from flying.

would provide financial details Tuesday, including the size of American's deposit. American becomes the second U.S. customer for Boom after a similar announcement last year from United Airlines for 15 of the planes, called the Overture.

Boom CEO Blake Scholl insists his company's plane will be different when it debuts in 2029, with tickets costing about $4,000 to $5,000 to fly from New York to London in about three and one-half hours. Also, Boom does not yet have an engine manufacturer lined up. It is talking with Rolls Royce and others.

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