I don't necessarily disagree with you. However, weight is a really, really big deal in aircraft. And the volume becomes less of an issue as aircraft get bigger, thanks to the square-cube law. Are modern day jet aircraft big enough to largely offset the costs of fueling them with liquid hydrogen? I don't know, but they're pretty damn big.
Now the 787 isn't the largest craft out there, but spitballing the 747 gave similar numbers. I also don't have numbers on how much less fuel you'd need for the lighter weight (you'd reduce the weight of the aircraft by ~⅓ with equivalent amounts of fuel). If you assume it's more or less linear, you're talking about using ⅔ the fuel, which would be cutting out "only" 5-10% of revenue space or cutting your range by ⅔ and keeping revenue space the same.
Given the amount that airlines are trying to squeeze out of the existing revenue space already, it doesn't look like a particularly appealing trade-off.
I'm also not claiming that existing airframes could be easily retrofitted to fly on hydrogen. Not only do you need a much larger fuel volume, you can't practically store it in wing tanks. On the other hand if you took an existing design and stretched the fuselage to accommodate larger tanks, or attached large external tanks to the wings, you could get something that's economical. That's because you have an aircraft that's larger (more expensive, all other things being equal) but also lighter (cheaper, all other things being equal).