June 15, 2005

Japan and France signed an agreement at the Paris Air Show to spend nearly $2 million a year for the next three years to develop the next supersonic jet. Britain and France retired the Concorde, a money-losing beauty of the skies, in 2003 after 34 years of service.

The new jet is planned to have 300 seats and fly passengers from New York to Tokyo in six hours.

Charles added:

God, that would be nice. Too bad I will never be able to afford it.

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