According to Pravda.Ru(1), Russian scientists at the Moscow Institute have designed a passenger 'aerospaceplane' capable of reaching 30,000 kph (approx. 18,600 mph). At that speed, flying from Moscow to New York would take a mere 50 minutes, and a trip from Moscow to Sydney, Australia just over an hour. The space plane will have rear-mounted hypersonic engines, rounded wings, and be able to carry 10 to 45 tons of payload. The institute's director estimates the project will take up to eight years to complete and cost several billion rubles. Read more here(2).