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> 3. And air travel is just plain a bigger market these days than it was in the 1970s It remains to be seen whether post-COVID wealthy travellers will subsidis
by KineticLensman 6y ago
> 3. And air travel is just plain a bigger market these days than it was in the 1970s
It remains to be seen whether post-COVID wealthy travellers will subsidise BOOM development costs as opposed to not flying or continuing with smaller private jets as at present. Although Boom is “designing Overture to be the first post-pandemic airplane", they will need a massive investment to scale from the single-seat prototype (still to fly) to an operationally profitable vehicle.
- nick_kline 6y agoIt's interesting to speculate about what a ticket might cost and what would be worth it to you. Instead of a non-stop almost 10 hour flight to west coast to London at $1,000 (9:20 hours), where my company gives me an extra $500 for an upgrade in class because it's so long, I'd pay an extra $500 of my own money for a 4 or 5 hour trip probably. But I'm not paying $5k more for that quicker trip.