Hopes for Britain’s own hypersonic plane of the future are DASHED as UK firm behind 4,000mph ‘Son of Concorde’ collapses ...Middle East

THE dream of flying from London to New York City in 60 minutes in a plane that can hit 4,000mph has been dashed after a British hypersonic aviation firm crashed into administration. Reaction Engine was previously in talks with Whitehall and other shareholders to secure a £20m lifeline amid mounting losses and slow revenue growth. reactionenginesReaction Engines has entered administration, with PwC named as administrators[/caption] ReactionEnginesThe company was creating a new hybrid jet-rocket fast enough to fly passengers from London to New York

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