A group of aviation experts has unveiled plans for a supersonic speed plane named Boom, which is being developed as a replacement for Concorde.
Boom planes will travel 2.6 times faster than any other aircraft, up to speeds of 1,451 miles per hour ? Concorde's top speed was in the region of 1,350 miles per hour.
Each vessel will have 40 seats in two rows on either side of the aisle, and will allow passengers travel from London to New York in under three hours thirty minutes. Tickets will be priced at around $5,000 (approximately £3,504).
"We are talking about the first supersonic jet people can afford to fly," Boom founder and chief executive Blake Scholl told the Guardian. "This isn't science fiction, we are actually doing this. You will be able to fly New York to London in three-and-a-half hours for $5,000 return, [which is roughly] the same as [the cost] of business class."
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Although Scholl acknowledged the concept could seem farfetched, he assured critics that it was well within reach as the plane will be powered using existing technologies.
According to the company's website, lightweight carbon-fibre composites, propulsion systems and airframe materials will allow the aircraft to be the "fastest passenger plane ever".
"We're not using any technology that doesn't already exist, it is just putting it together in the right way,...