Aerion Corporation's board of directors has authorised the sale of the AS2 aircraft at a price of $120 million in US dollars. The initial 50 launch customers will receive preferential pricing and other benefits.

“This is another step forward for Aerion,” remarks chairman Robert M. Bass. “We are offering a select group of forward thinking business aviation users the opportunity to fly faster and to make history with us as we reintroduce commercial supersonic flight.”

New low speed wind tunnel tests are planned for the AS2. They will take place at the University of Washington wind tunnel complex in September.