Boom Supersonic and Rolls-Royce agree to work on propulsion system for supersonic jet

Boom Supersonic and Rolls-Royce announced Thursday an engagement agreement to explore the pairing of a Rolls-Royce propulsion system with Boom's flagship supersonic passenger aircraft, Overture.

The goal of the new agreement is to work together to identify the propulsion system that would complement Boom's Overture airframe. The teams will investigate whether an existing engine architecture can be adapted for supersonic flight, while Boom's internal team continues to develop the airframe configuration.

"We've had a series of valuable collaborations and co-locations with Rolls-Royce over the past years to lay the groundwork for this next phase of development," said Blake Scholl, Boom founder and CEO.

Both companies recognize that supersonic passenger travel has to be compatible with a net-zero carbon future. Overcoming the technological challenges of supersonic flight provides a unique opportunity to accelerate innovation sustainably.

"We share a strong interest in supersonic flight and in sustainability strategies for aviation with Boom," said Simon Carlisle, Director of Strategy, Rolls-Royce.

Boom announced July 8 that its supersonic demonstrator XB-1 will roll out on Oct. 7.

First V-22 Osprey for Japan delivered to Camp Kisarazu

Bell Boeing delivered the first V-22 Osprey to Camp Kisarazu in Japan on Friday. The Japan Ground Self-Defense Force (JGSDF) is the first operator of the V-22 outside of the U.S. military.

Japan’s V-22 has a unique configuration with a customer-specific communication system. The marinized design resists corrosion and reduces the cost of long-term maintenance. JGSDF service members have been training with U.S. Marines for the last month to gain aircraft proficiency before delivery of their first V-22.

Japan joins the United States Marines, Navy, and Air Force in operating the V-22. These aircraft support transportation of personnel, supplies, and equipment; humanitarian support and search and rescue missions; long-range personnel recovery.

Triple Flag sets $550 million agreement for gold and silver from Australian-based mine

Triple Flag Precious Metals Corp. announced Sunday that its wholly-owned subsidiary, Triple Flag Mining Finance Bermuda Ltd. has entered into a stream agreement with certain subsidiaries of China Molybdenum Co., Ltd. (CMOC), to receive gold and silver from the Northparkes copper-gold mine located in New South Wales, Australia. Northparkes is operated by CMOC on behalf of the Northparkes Joint Venture, an unincorporated joint venture between CMOC (80 percent), SC Mineral Resources Pty Ltd. (6.7 percent) and Sumitomo Metal Mining Oceania Pty Limited (13.3 percent). Triple Flag Bermuda will make an upfront cash payment of $550 million and on-going payments equal to 10 percent of the spot gold price and spot silver price at the time of delivery for gold and silver equal to 54 percent of the gold and 80 percent of the silver produced at Northparkes.

Northparkes is a well-established producing copper and gold mine located in central New South Wales, Australia, approximately 27 kilometers north-northwest of the town of Parkes.  Discovered in 1976, the mine has been operating since 1993 and is one of the lowest cost copper mines in the world.

“This is a globally recognized mine with an excellent track record of safety, operations, reserve replacement and community involvement further bolstering and diversifying our portfolio," commented Shaun Usmar, founder and CEO of Triple Flag.

On Friday, the gold spot price closed at $1,798.60 an ounce with silver closing at $18.68 an ounce.

Indiana commission approves Eldorado Resorts acquisition of Caesars Entertainment

Eldorado Resorts, Inc. announced that at a meeting Friday, the company received approval from the Indiana Gaming Commission in connection with its pending acquisition of Caesars Entertainment Corp., subject to applicable conditions.

Eldorado is a leading casino entertainment company that owns and operates 21 properties in 11 states, including Colorado, Florida, Illinois, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada, New Jersey, and Ohio. Eldorado’s properties feature approximately 22,400 slot machines, 640 table games, and over 11,200 hotel rooms.

Caesars Entertainment's resorts operate primarily under the Caesars, Harrah's and Horseshoe brand names. In April, Caesars and VICI Properties Inc. agreed to sell the Bally's Atlantic City Hotel & Casino to Twin River Worldwide Holdings Inc. for approximately $25 million in cash. VICI will receive approximately $19 million from the sale, while Caesars will receive approximately $6 million.

First flight of the Stratos 716X jet

Stratos Aircraft announced Friday the first flight of its Stratos 716X model – registration N716X. The flight lasted 22 minutes. Flown by test pilot Sean VanHatten, the Stratos 716X is a spacious six-person jet. The all-carbon airframe, single-engine jet is designed to cruise at 400 knots. The first flight was a full power takeoff and climb to 13,500 feet.  A series of maneuvers were then conducted to evaluate handling characteristics. The flight is the first of an extensive flight test program that will span the next several months.

The 716X is 4.5 ft longer, and has a wider cabin, than the 714 Proof of Concept aircraft introduced at Oshkosh in 2017. The 716X features trailing link gear, a Pratt & Whitney JT15D-5 turbofan engine and is configured with dual G3X screens, GTN 750 MFD, integrated Garmin Autopilot, dual standby attitude indicators, custom switch panels, fully automated pressurization system, and air conditioning. The Stratos 716X is a "multi-role" Very Light Jet designed to comfortably seat six people to support personal, business, and air taxi use.

“When we introduced the Proof of Concept 714 aircraft three years ago, the marketplace interest was tremendous," said Stratos CTO, Carsten Sundin. "It was clear that the market is looking for the performance and comfort we were offering, but in a true six-place aircraft. With a cabin width of 4.9 ft and height of 4.8 ft, there is plenty of room for passengers to relax on long flights.”

The Stratos 716X will be offered as an experimental kit build aircraft while the 716 will be certified by the Federal Aviation Administration for production. "We see producing a limited number of kit aircraft as a logical step towards certification.  It will allow customers who don't want to wait for the 716 certification an opportunity to own and operate a Stratos 716X much sooner, while we continue to develop our production processes," said Sundin.

Test pilot Sean VanHatten has over 5,300 hours, with over 120 hours in the Stratos Proof of Concept 714. Sean has performed 19 first flights and flown four prototype aircraft.

Stratos Aircraft has invested significantly to support the production of the Stratos 716 and 716X. Their facilities total over 41,000 square feet in Redmond, Oregon.

Rollout of XB-1 supersonic jet set for October

Boom Supersonic, the aerospace company building the world's fastest airliner, announced Wednesday that its supersonic demonstrator, XB-1, will roll out on Oct. 7. In keeping with CDC-recommended social distancing measures, the entire event will be available online and allow attendees an opportunity to submit questions to company leadership.

XB-1 is the world's first independently developed supersonic jet and will demonstrate key technologies for Overture, Boom's commercial airliner, such as advanced carbon fiber composite construction, computer-optimized high-efficiency aerodynamics, and an efficient supersonic propulsion system. XB-1 is the end product of years of development effort, including multiple wind tunnel tests, dozens of structural tests, hundreds of simulation iterations, and tens of thousands of work hours.

"With XB-1, we're demonstrating that we are prepared to bring back supersonic,” said Blake Scholl, Boom founder and CEO. “We're ensuring that the supersonic future is safe and environmentally and economically sustainable. We've learned that the demand for supersonic has grown even faster than we anticipated."

To design and build XB-1, Boom has recruited a team of experts from around the industry, established supplier relationships, and built a strong safety culture. XB-1 is the first aircraft program to announce a 100 percent carbon-neutral flight test program. The company's innovations include one of the highest-efficiency civil supersonic intakes ever tested, demonstrating Boom's ability to deliver a breakthrough in propulsive efficiency for Overture. XB-1 will begin its test program later this year and is slated for first flight in 2021.

Boom's commercial aircraft, Overture, will be the fastest and most sustainable supersonic airliner, flying twice as fast as any commercial airplane today—allowing Boom to bring families, businesses, and cultures closer together through supersonic travel and thus, make the world dramatically more accessible.

The company is hosting a virtual rollout event to give the world a first look at the completed aircraft and hear from the team that designed, built and will test the aircraft. The lead engineers, test pilots and company leadership will explore the technical and design innovations, the flight and handling criteria and how the demonstrator positions the company to build its flagship, Overture.

Talon Air expands service with Falcon 2000 jet

Talon Air has expanded its fleet and geographic footprint with the addition of a Scottsdale, Ariz., based Falcon 2000 jet. The new Falcon becomes Talon's 41st managed aircraft and the fifth addition to the Talon fleet since mid-April.

Several aircraft in the Talon fleet already have floating bases, but the Falcon 2000 "is ideally positioned for our frequent charters from the Phoenix area, Las Vegas, the Los Angeles metropolitan area and beyond,” said Talon CEO James Chitty.

The Falcon 2000 offers high-speed WIFI, plush leather seating for ten and transcontinental and intercontinental range.  Passengers will be served by an experienced cabin attendant.

This latest addition to the Talon fleet will be the first of several West Coast-based aircraft in the coming months.

Talon Air, LLC is one of the world's leading full service private aviation companies specializing in private jet charters, aircraft management, and aircraft maintenance. Talon Air manages and operates a diverse fleet of 41 aircraft, including Gulfstream, Bombardier, Falcon and Hawker products such as the Gulfstream G550, Falcon 2000, Challenger 604 and 300, Hawker 4000, 900XP, 850XP and 800XP.