In aeronautics, transonic speed refers to the condition of flight in which a range of velocities of airflow exist surrounding and flowing past an air vehicle or an airfoil that are concurrently below, at, and above the speed of sound in the range of Mach 0.8 to 1.2, i.e. 600–900 mph. This condition depends not only on the travel speed of the craft, but also on the pressure and temperature of the airflow of the vehicle's local environment. It is formally defined as the range of speeds between the critical Mach number, when some parts of the airflow over an air vehicle or airfoil are supersonic, and a higher speed, typically near Mach 1.2, when all of the airflow is supersonic. Between these speeds some of the airflow is supersonic, and some is not.

Most modern jet powered aircraft are engineered to operate at transonic air speeds. Transonic airspeeds see a rapid increase of drag from about Mach 0.8, and it is the fuel costs of the drag that typically limits the airspeed. Attempts to reduce wave drag can be seen on all high-speed aircraft; most notable is the use of swept wings, but another common form is a wasp-waist fuselage as a side effect of the Whitcomb area rule.