Investments · Aerospace (supersonic aircraft)
Japan Airlines invests $10 million in supersonic jet developer Boom
- Investor
- Japan Airlines (Tokyo)
- In
- Boom Supersonic, Denver, Colorado
- Value
- $10M
- Status
- Announced on December 5, 2017; the investment has closed.
- Date
- 2017-12-05
Japan Airlines invested $10 million in Boom Supersonic, a Denver company developing a supersonic passenger jet. JAL also took an option to buy up to 20 of Boom's aircraft.
Why it matters
The investment gives JAL an early role in a new supersonic aircraft that could shorten flights across the Pacific.
Sources
Kakehashi M&A News home
