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If it stays in the realm of the ultra wealthy I don't see how it will succeed in the end. Commercial aircraft are really expensive to design and qualify, and y
by laughing_man 5mo ago
If it stays in the realm of the ultra wealthy I don't see how it will succeed in the end. Commercial aircraft are really expensive to design and qualify, and you need to have a lot of sales to justify a new model. Ultra wealthy people are willing to pay more, but they also demand luxuries that take up a lot of space.
The only reason Concorde did as well as it did, economically speaking, is the respective governments footed the bill for development.
- throwaway2037 5mo ago> respective governments footed the bill for development I just looked up development costs on Wiki: "£12–16.7 billion in 2025". Yikes. And "the market forecast was 350 aircraft", but only 20 were built. What a waste.
- laughing_man 5mo agoYeah. But to be fair, it was the first supersonic airliner, so they were feeling around a bit in the dark when it came to estimating demand. They would have all looked like geniuses if enough demand to build 700 air frames had materialized. I remember when the aircraft first went into service. Everybody thought subsonic air travel, at least over the ocean, would become a thing of the past.