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

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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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