Passenger Supersonic Planes are here, thanks to Richard Branson!

If you thought supersonic passenger travel passed away with the retirement of the Concorde fleet in 2003, prepare for what one company and Richard Branson, thinks could be the dispatch of a new age in which people fly from New York to London in three and a quarter hours at business class costs.

"I have long been passionate about aerospace innovation and the development of high-speed commercial flights. As an innovator in the space, Virgin Galactic’s decision to work with Boom was an easy one. We’re excited to have an option on Boom’s first 10 airframes. Through Virgin Galactic’s manufacturing arm, The Spaceship Company, we will provide engineering and manufacturing services, along with flight test support and operations as part of our shared ambitions," Branson said.

The XB-1 is a technically illustrative one-third-scale form of the future Boom Airliner.

He further stated that Concorde's designers didn't have the technology for affordable supersonic travel, but now we do.

To begin with, the Spaceship Company, Virgin Galactic's manufacturing arm, has a choice on the initial ten planes off Boom's lines. That settlement will likewise give Boom access to the Spaceship Company's engineering, design, manufacturing, and flight test support services.

In the meantime, Boom is touting the consequences of an assessment of its business prospects by aviation analysts at Boyd Group International (BGI) that proposes if the creation plane can convey on its expected price and ticket costs, there's probably going to be overall interest for no less than 1,300 of the $200 million planes. There were never more than 14 Concordes in operation.

Given that supersonic travel, stirring the sentimental impulses of numerous aviation buffs, was a business failure previously, it's difficult to foresee whether Boom's model can succeed, and to be honest nobody knows the answer to that question.