This is the reason Delta and United and doing well right now and Southwest and the LCCs are struggling.
It wasn't true just a few years ago, but if this continues as a trend, I could see an airline sacrificing fuel efficiency for a dramatically improved onboard experience.
That said, Boom's customers - if they ever exist - will be a new business class pay extra for supersonic flights category anyway.
People aren't usually paying 4x for first, but they will pay $10 more for Y, $30 for Z, etc.
The future of airlines is fully adjustable planes!
Most of the profit on a plane is made in business class. If airlines could fly an all-business configuration, they would. The problem is the smallest planes that can do high-paying routes like LON-NYC are bigger than that customer set. So the airline throws in economy seats, often barely breaking even on those, to fill space.
In a world with small airliner planes that can make those transoceanic and transcontinental journeys, I suspect we’ll see more all-business class flights.
A once-daily supersonic flight might minimize “time in the air” while a once hourly mostly-economy 737 shuttle minimises “time away from home.”
Long range business jets which can comfortably accommodate a typical narrowbody business class cabin exist: nobody is certifying them for all-business class scheduled flights because it wouldn't be profitable to do so; likewise the all-premium 32 seat A318 configuration hasn't been adopted anywhere except the NYC/LON route it didn't really have the range for because it wouldn't be profitable elsewhere. Boom's bet is that supersonic changes that.
Small detail: most landing slot costs are variable based on aircraft weight.
If you are a tourist searching business class on Google Flights, of course it’s 5-6x more expensive.
True business class / upper class travelers get discounts of 20-50% for J. And no, they’re not using Amex/Chase Travel.
What are they using, then?
They’re citing historic data. It absolutely is a trend that premium travel is an increasing slice of post-Covid American air travel.
Honestly, the way the narrative reads, they're still sacrificing 1,000mi of range in the interests of an improved cabin experience. They've just found an optimisation that enables them to reach a net neutral state.
Given we're effectively talking about fuel efficiency here, it's hard to imagine airlines wanting an improved cabin vs less fuel consumption. All the incentives are on them already to meet a "barest minimum" cabin experience that they can get away with, because every bit of luxury costs them in numbers of passengers, and fuel costs.