This is the Aerion Supersonic Business Jet, the first private plane that will fly at 1.6 Mach.

The first unit has just been purchased by Sheikh Rashid, the ruler of Dubai. This bird will be able to fly the Ellisons, Jobs and Gores of this world from Paris to New York in just over 4 hours, so even while it has a $80,000,000 price tag, there will be no demand problems for it.

The aircraft specs are amazing: Thanks to its design, the Aerion Supersonic Business Jet will be able to cruise at 1.15 Mach over land without producing any boom on the ground.