BILLIONAIRES

Texas Billionaire’s Supersonic-Jet Dream Dies as Aerion Folds

Aerion Corp., the supersonic-jet developer founded by Texas billionaire Robert Bass and backed by Boeing Co., said it’s ceasing operations after failing to secure enough money to start building the aircraft. Raising the large investment needed to move the AS2 private jet from design to production has been “hugely challenging,” Aerion said...

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AS2 Aerion Boeing Robert Bass Texas Warren Buffett

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