[aceofspades19]

This isn't true though, the 747's cruise speed is the same as the 787's at 0.85 mach. The 747 has a slightly faster max speed but that's not relevant for actual travel. The 777 has a slower max speed and cruise speed than the 787 despite being older. I don't think you can realistically draw a correlation between older/newer being faster or slower on wide body aircraft.

[CGMthrowaway]

IDK if "bigger and slower aircraft" is what he meant, but rather "bigger and slower engines." Jets cruise @ mach .85 because that's the economic optimum set by wave drag, compressibility and passenger time costs. Hasn't changed in 50 years.

The relevant metrics are amount of air moved and speed the air is accelerated to, aka efficiency gains from propulsive efficiency- e.g. increasing bypass ratio, larger fan diameter, lower jet exhaust velocity

[aceofspades19]

I agree with your points but they had literally stated that passenger aircraft were getting slower and provided the example of the 747 vs 787. So it was clear to me what he meant.