Supersonic jet startup vows 'affordable' travel – if you have $5,000 to spare

Sir Richard Branson says Virgin will partner with Boom to build and test plane to succeed where Concorde failed - 'this lets you commute' across oceans

Sir Richard Branson is hoping to bring back supersonic transatlantic passenger flights, and this time they will be "affordable".

Branson, who has already launched plans for $250,000-a-ticket flights into space, on Wednesday announced that his Virgin empire would help build a new generation of supersonic jets. Virgin has also signed an option to buy 10 of the planes to hopefully reintroduce 3.5-hour passenger flights between London and New York 13 years after Concorde was decommissioned.