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Yet interestingly you can buy a Ferrari which goes more or less 2x as fast as, say, a VW Golf GTI and costs 10x the price, and there is burgeoning demand for th
by vegabook 11y ago
Yet interestingly you can buy a Ferrari which goes more or less 2x as fast as, say, a VW Golf GTI and costs 10x the price, and there is burgeoning demand for the former. So if those economics apply in the air as well (speed = luxury / exclusivity), we should be able to sell cross-atlantic tickets for somewhere between 10 and 20x the price of a midrange air ticket which I would suggest is premium economy. So we're talking in the 10-20k USD range per seat.
My recollection is that noise regulations and landing rights to landlocked cities in the US killed Concorde. Not seat prices.
- anentropic 11y agoand the Ferrari doesn't even go 2x as fast in practice, because roads OTOH a Ferrari is a conspicuous sign of wealth and bad taste... the hypersonic flight, while significantly time-saving and maybe good for a couple of selfies on instagram, probably doesn't function so well in that regard
- vegabook 11y agoI was working at a bank in the late 90s where for a year all VPs (there were 4000 of them) were allowed to upgrade business class automatically to Concorde if seats were available. Most of them didn't shut up about this, constantly telling people what it was like. It was definitely right up there with neon-lit conspicuous consumption. I think a Ferrari is maybe even marginally less irritating than that.