[markonen]

Not sure why you're getting downvoted, this was definitely a key factor that made Concorde into a niche product.

It's not that customers preferred slower and cheaper flights over Concorde—they didn't, Concorde had very healthy average occupancy rates and operating the flights was very profitable for BA and Air France (they got the planes for free, of course).

It's that you can't fly a 1960s plane forever and you also can't amortize the design and development cost of new models with the only addressable market being first class customers travelling between the East Coast and a couple of European capitals (and this was directly caused by the overland flight restrictions).

Flying Concorde is one of my fondest memories :/