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mrec | 1 month ago
> Blake’s pitch to airlines is enticing: “You’re already flying this route with a 300-seat plane where 80+ people in business class generate most of your profit. Give those passengers a supersonic plane, cut the flight time in half, and charge the same price.”
And now most of the profit for the 300-seater is gone. What does this do to flight pricing for those who were flying economy?
dlisboa|1 month ago
Some airlines "take" the marginal economy seat loss on larger planes because those are the ones they can fill with business class seats and make an even larger profit.
Even then it's a complex math on whether economy is hurting those flights' profit margins since those people buy things in-flight such as Wi-Fi and extra bags. Base fare is not the only way airlines make money.
AlexandrB|1 month ago
What really kills this though is the value proposition for the business class passengers. I think I'd rather pay extra to sit in a comfortable seat for 16 hours, where wifi is now a standard feature, than cram into a smaller (likely noisier) seat for 8 hours. The cases where that 8 hours matters - especially when you can work from the seat if you have to - are fleetingly few. In the 70s, you couldn't do much in an airplane seat so it was wasted time. This is no longer the case and is steadily getting better.
fragmede|1 month ago
mrec|1 month ago
Reminds me of that description of the Tu-144 as "so loud you couldn't hear the person next to you screaming".
fragmede|1 month ago
rzzzt|1 month ago