Spike Aerospace |
Targeted at business users, the Spike S-512 will carry up to 18 passengers in luxury and will cost $80 million. It could fly from Perth to Sydney in one hour and 50 minutes.
The plane will have a range of 7400km and will be 40m long with an 18m wingspan. Spike hopes to make the first deliveries by 2018.
However, the company said there were many obstacles - the biggest being the plane's sonic boom.
Read more: Plan to build superfast jet - The West Australian
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