"Aerion Corp., the supersonic-jet developer founded by Texas billionaire Robert Bass and backed by Boeing Co., said it's ceasing operations after failing to secure enough money to start building the aircraft."
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"Aerion, a company backed by Texas billionaire Robert Bass that's designing a supersonic business plane, outlined plans for a 50-passenger jetliner that would fly four times the speed of sound and take to the skies before the end of this decade."
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"NetJets, the private-plane unit of Warren Buffett's Berkshire Hathaway Inc., signed purchase rights for 20 supersonic business aircraft from Aerion, a startup founded by Texas billionaire Robert Bass and backed by Boeing Co."
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