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Aero Toy Store to market Aerion's Supersonic Business Jet in Canada, Mexico, South America and the Caribbean

Travel News Asia Latest Travel News Wednesday, 2 April 2008

With its order book rapidly growing in Europe, Asia and the Middle East, Aerion is ramping up its efforts closer to home.

The company has appointed Aero Toy Store, which is recognized as one of the world's largest dealers in new and pre-owned private aircraft, to exclusively market Aerion's Supersonic Business Jet in Canada, Mexico, South America and the Caribbean.

Aero Toy Store has already secured twelve orders for the Aerion SBJ, placing the current order backlog at well over $3 billion. Letters of Intent are backed by refundable deposits of $250,000 for an aircraft presently priced at $80 million.

"Interest from our customers in this new generation private jet already has been extremely strong; and we have only just begun to introduce this revolutionary aircraft to a fragment of the market," said Aero Toy Store Chief Executive Officer, Morris Shirazi. "It is my belief that Aerion's Supersonic Business Jet is poised to become the new standard for corporate executive and private individual travel across the global arena."

Aerion in conjunction with ExecuJet Aviation Group and now Aero Toy Store began accepting LOIs in November 2007, generating sales in Asia, Europe, the Middle East and the Americas.

"We're very gratified by our progress to date, which validates our market assumptions and the strong demand we have foreseen for the aircraft," said Aerion Vice Chairman Brian Barents. "Our new agreement with Aero Toy Store is another major vote of confidence in Aerion's Supersonic Jet Program."

See other recent news regarding: Travel News Asia, Jets, Business Jet, Aerion, ExecuJet, Supersonic

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