This is the Aerion Supersonic Business Jet, the first private plane that will fly at 1.6 Mach. The first unit has just been purchased by Sheikh Rashid, the ruler of Dubai. This bird will be able to fly the Ellisons, Jobs and Gores of this world from Paris to New York in just over 4 hours, so even while it has a $80,000,000 price tag, there will be no demand problems for it. The aircraft specs are amazing:
Thanks to its design, the Aerion Supersonic Business Jet will be able to cruise at 1.15 Mach over land without producing any boom on the ground. The plane can also keep a 0.98 Mach speed offering a similar cost-per-mile than competing subsonic private jets and complying with US regulations. Over water, however, you will be free to speed it up and sustain 1.5 Mach with ease. To give you an idea, at this speed the Aerion can cross the Atlantic in two hours (it has a 4,600 miles range over 45,400 pounds of fuel) thanks to its Pratt & Whitney JT8D-219 engines.
Unlike the Concorde, which could only fly to certain airports through the world because of its operative requirements, this supersonic jet is designed to comply with environmental, sound and airport regulations everywhere. For example, the Aerion can land in just 3,460 feet, which makes it usable in most airports and a prime candidate to be Larry Ellison's next private plane.
Design-wise, the Aerion looks even better than the fastest turboprop private plane. At least, it looks stunning except for the color. But hey, for $80,000,000 I'm sure they will be able to deliver it in secret-plane black with alien markings.