Re:Boom has orders for 76 of its future supersonic passenger...
by chris_va on Sunday October 22, 2017 @09:24PM
(#15530033)
To be fair, the cost of jet fuel has increased by more than 50% too, and won't be the dominant cost if they are only shipping 70 jets.
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Re:Boom has orders for 76 of its future supersonic passenger...
by Turing_Machine on Sunday October 22, 2017 @09:30PM
(#15530047)
But the comparison is with the costs of the Concorde when it was shut down in 2003, not the costs of the Concorde in the 1960s.
Re:Boom has orders for 76 of its future supersonic passenger...
by valuearb on Sunday October 22, 2017 @09:53PM
(#15530146)
According to US census bureau, per capital income in US has increased by 10x since late 60s. Jet fuel prices have increased around 6x, from around 30 cents to around $2. So wouldn’t that make jet fuel more affordable?
Re:Boom has orders for 76 of its future supersonic passenger...
by joezydeco on Sunday October 22, 2017 @10:48PM
(#15530338)
Did you account for inflation? $1 in 1970 is worth $6.52 now.
Re:Boom has orders for 76 of its future supersonic passenger...
by Godel_unicode on Monday October 23, 2017 @12:19AM
(#15530697)
Inflation, the general rate at which the price of goods and services is rising and falling, is literally the calculation made in the post to which you have replied.