The News & Observer in Raleigh is reporting that the airplane manufacturer Boom Supersonic is negotiating to locate its manufacturing facility at the Piedmont Triad International Airport (PTIA).

The Rhino Times independently confirmed that the site at PTIA was to be used to manufacture supersonic aircraft, but not the name of the company.  The N&O reports that it has had Boom Supersonic confirmed by five sources.

According to the Boom webpage, Blake Scholl founded Boom Supersonic in 2014 with the goal of making high-speed air travel mainstream. Scholl held leadership roles at Amazon and Groupon and co-founded Kima Labs before founding Boom.

Boom estimates that its supersonic passenger jet traveling at 1,300 mph will cut the airtime from Tokyo to Seattle from 8 hours and 30 minutes to four hours and 30 minutes and from Paris to Montreal from 7 hours and 15 minutes to three hours and 45 minutes.

United Airlines has already signed a contract to purchase 15 Boom Supersonic aircraft with an option to purchase an additional 35.  Boom plans call for it to produce its first aircraft by 2025 with the first passengers in the air in 2029.

On Monday, Nov. 29, the North Carolina Legislature passed a technical corrections bill to the budget, which included an economic incentive in the form of a Job Development Investment Grant (JDIG) grant of $106.7 million for a project at Piedmont Triad International Airport.

The bill states that the grant is for a “high-yield project for an airplane manufacturer in Guilford County and for which the average annual wage is at least sixty-thousand dollars ($60,000).”

The PTIA megasite of almost 1,000 acres, with runway access via a taxiway bridge, has been under development for years.

The bill states that $56.7 million of the grant would be for PTIA to construct one or more new hangars at the airport for the airplane manufacturing project.

Unlike the Concorde, where fares in today’s dollars would be about $13,000, Boom states that its goal is to make high speed air travel affordable with ticket prices projected to be on par with current business class tickets.  All the seats on the Boom supersonic aircraft the Overture are business class, with only one seat per row on either side of the center aisle.