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A Ferrari for the skies

Company devises radical new design for a supersonic business jet

Over the past three months aeronautical engineering company Aerion has booked nearly $1.5 billion worth of preliminary orders for its $80 million SBJ.
BusinessWeek
By Matt Vella
updated 9:02 p.m. ET Feb. 5, 2008

The scenarios for supersonic travel are by now well-worn: Jet from New York to Los Angeles with barely time enough to finish a feature-length film, hopscotch the globe to morning, midday, and early-evening meetings on separate continents, etc. But the tangle of technological, legal, and economic factors that led to the demise of the Concorde five years ago has so far kept such itineraries grounded.

Now, Aerion, a small Reno, Nev. aeronautical engineering company, is developing the world's first supersonic business jet, the SBJ. Over the past three months the company has booked nearly $1.5 billion worth of preliminary orders for the $80 million private aircraft it says should take to the skies within the next decade. The most eager would-be customers have put down $250,000 deposits to be first in line. The innovative design, Aerion hopes, will circumvent the nest of problems that doomed the Concorde and ultimately convinced mainline commercial manufacturers Boeing and Airbus to focus on developing large, long-range jets rather than supersonic aircraft.

In contrast to those commercial planes, the SBJ is aimed at the red-hot market for private business jets fueled by decades-long growth in the number of billionaires as well as a global rise in corporate profits. According to Ray Jaworowski, a senior aerospace analyst with the Newtown, Conn. research firm Forecast International, business-jet production will be worth some $191 billion over the next decade. He expects the market to grow 62% through 2015.

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"But, it is still too early to predict how much market share private supersonics might take up on their own," Jaworowski says. Aerion's new plane would likely compete with large and long-range subsonic private jets — such as the tony Gulfstream G550 — a lucrative segment that currently makes up about 45% of the overall market's value. And because top-of-the-line subsonics cost between $45 million and $60 million, the SBJ would be a premium-priced aircraft, a Ferrari for the skies.

Even a looming U.S. recession and the global economic ripples it could cause have done little to diminish overall demand for private jets. Over the last decade, orders for subsonics from emerging markets such as Brazil, China, and Russia have taken off, picking up any potential slack created by softening Western economies. If anything, some analysts say, the chronic devolution of commercial air travel has only bolstered the case for private service. Aerion, for its part, expects to sell 300 supersonics in the first decade of production, global economic conditions notwithstanding.

What at first blush might seem like a would-be Concorde mini is markedly different from its commercial predecessor. A combination of off-the-shelf parts — it uses a common Pratt & Whitney engine, for example — and a revolutionary wing design allows the plane to fly nearly as efficiently at subsonic speeds as at a supersonic clip. At supersonic speeds the SBJ costs about $10 per nautical mile to operate; subsonic costs increase to about $11 per nautical mile. The minimal disparity in operating costs, something the Concorde lacked, is vital for flying without adding expense over areas such as the U.S. where civilian supersonic travel is illegal.

Reducing drag
For flights over the U.S., the jet will cruise efficiently at Mach 0.98, or 0.98 times the speed of sound. In other parts of the world — designated routes in remote areas such as Northern Canada, Siberia, and Australia — regulations are less stringent, requiring only that a sonic boom not reach the ground. There, the SBJ will cruise at Mach 1.1. Over oceans the plane can cruise at up to Mach 1.6, or 1,050 mph. The ability to fly efficiently in these variable scenarios is one of the plane's chief strengths, making it competitive with similarly-sized subsonic private jets. The long-range, subsonic Bombardier Global Express XRS' operating costs are also about $11 per nautical mile, but the SBJ travels much faster.

Aerion's key innovation? The plane's so-called "laminar airflow" wing, the result of decades of work by Richard Tracy, the company's chief technology officer. The design helps reduce drag at high speeds. As opposed to the triangular-shaped "delta" wings of supersonics such as the Concorde, the shape is more like a traditional wing and gives the plane a remarkably different profile. Aerion has flight-tested the wing design at NASA's Dryden facility in Edwards, Calif., using F-15s equipped with infrared cameras that capture test data during flight, notably shifts in wing temperature and air flow.

Tracy, a leading scientist in the field of hypersonic aerodynamics, has long worked in both military and civilian aviation, helping to develop such high-profile aircraft as the Global Hawk, a version of the unmanned aerial vehicles patrolling modern battlefields. Before forming Aerion with Brian Barents, the former chief executive of Learjet, and equity investor Robert Bass in 2002, Tracy received numerous grants from the Defense Advanced Research Projects Agency (DARPA) — the Defense Dept. unit charged with developing new technology — to further his research. "The basic equations for the work go back into the 1800s," says Tracy of supersonic science.


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