Stock market picks for the $340 billion supersonic jet industry, UBS

  • UBS is predicting that the supersonic jet industry will be worth $340 billion by 2040, according to a new research report.
  • “We  see  supersonic  bizjets  viable  in  the  late-’20s  and  supersonic  commercial  jets  in  the  mid-to-late-’30s with  hypersonic  travel  a  decade  later,” said UBS equity analyst, Myles Walton.
  • Business Insider lists the 17 stocks best-positioned to benefit from the booming supersonic industry.

By 2040, UBS envisions business travellers will once again be jetting around the globe faster than the speed of sound.

A recent UBS evidence lab survey found around 25% of over 6,000 respondents would be willing to pay for speed.

The last time passengers could travel at supersonic speeds was in 2003 when Concorde made its final flight. However, UBS is predicting a return to supersonic travel. In a new evidence lab report released on December 1, UBS equity analysts take a deep dive into the current, and

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How China’s J-20 stealth jet compares to the US’s F-22 fighter jet

  • A high-profile part of China’s ongoing military modernization is the J-20, the country’s first stealth fighter jet.
  • The J-20, likely based on stolen US designs, looks a lot like the US Air Force’s F-22, but appearance isn’t the only similarity between the two fifth-generation fighters.
  • Visit Business Insider’s homepage for more stories.

Aside from China’s aircraft carriers and ballistic-missile programs, no weapon system has captured as much attention as the J-20 Mighty Dragon, China’s first stealth fighter.

The aircraft is the world’s third operational fifth-generation stealth fighter, the only one in official service that wasn’t designed by the US or its allies.

Two J-20s were seen at a Chinese air base near the Indian border after tensions between the two countries spiked, rumors of a twin-seat variant under development have spread on social media, and last month, two J-20s were shown conducting a fighter drill in footage released by Chinese

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