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 - May 24, 2021, 1:24 PM As supersonic aircraft designer Aerion ceased operations over a lack of available funding, GE Aviation has confirmed that it has discontinued development work on the twin-shaft, medium-bypass Affinity engine that was to have powered the Mach 1.4 Aerion AS2 business jet. GE Aviation also noted that it is redeploying its Affinity team to other programs. The engine-maker announced plans in October 2018 to move forward with the Affinity for the AS2, saying it would be designed using a “proven engine core adapted from GE’s commercial airline portfolio” with the la...

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Aerion Park, next to next to Orlando Melbourne International Airport, will produce 300 of the jets The park will cover more than 110 acres, with the buildings alone covering the equivalent of 14 football fields  It will bring at least 675 new jobs to Florida by 2026, it's claimed, as operations are ramped up  The park will house a customer completions center and a full-size AS2 cabin mock-up

Private aviation thrived in 2020 despite it being the worst time to travel in the modern era - here's a look at its wild year tpallini@businessinsider.com (Thomas Pallini) © Tyler Olson / Shutterstock Santa Claus boarding a private jet. Tyler Olson / Shutterstock The private aviation industry went from virtually no flights at the peak of the pandemic to thriving by year's end. A surge in leisure travelers helped keep the industry afloat and spurred expansion for many aircraft operators.  Aircraft manufacturers kept producing new models and even teamed up with the auto indu...

Private aviation thrived in 2020 despite it being the worst time to travel in the modern era - here's a look at its wild year tpallini@businessinsider.com (Thomas Pallini) © Tyler Olson / Shutterstock Santa Claus boarding a private jet. Tyler Olson / Shutterstock The private aviation industry went from virtually no flights at the peak of the pandemic to thriving by year's end. A surge in leisure travelers helped keep the industry afloat and spurred expansion for many aircraft operators.  Aircraft manufacturers kept producing new models and even teamed up with the auto indu...