• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

This Will Be ‘The Next Big Thing,’ According to Richard Branson

By
Bloomberg
Bloomberg
By
Bloomberg
Bloomberg
February 14, 2018, 2:52 PM ET

Supersonic jetliner travel, which ended more than a decade ago with the Concorde, will make a comeback and transform the aviation industry in coming years, according to billionaire Richard Branson.

“The next big thing, hopefully in my lifetime, will be supersonic travel coming back and people traveling around the world in next to no time,” Branson told Bloomberg Television in an interview in Washington Tuesday. “And hopefully in a relatively environmentally friendly way.”

Branson’s Virgin Galactic is already working with Boom Technology Inc. on its supersonic jet, and Japan Airlines Co. in December took an option to buy as many as 20 of the aircraft from the Colorado startup.

To read more about the return of supersonic travel, click here

Boom is planning to build a 45- to 55-seat aircraft that cruises at Mach 2.2 (about 1,500 miles per hour) — capable of whisking passengers between New York and London in about three hours. The Concorde, flown by British Airways and Air France, retired in 2003 after almost three decades in service as customers, weighed down by hefty operating costs, abandoned the jets.

About the Author
By Bloomberg
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.