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When the Concorde was flying, my dad was flying first class from JFK to Europe on a regular basis. He told me that at one point he got upgraded to a Concorde flight which was normally something like a 30% premium over first class at a time when tickets tended to cost more than today. (So probably something equivalent to maybe a $10K ticket today.) He told me that it was a cool experience once. But now, rather than having a relaxed first class meal on an overnight flight [EDITED: He may have taken daytime flights], he was getting into London in the middle of rush hour. He could probably have flown the Concorde had he wanted to but didn't have any real interest in taking it again. And, today, with modern lie-flat business class and entertainment systems, there's even less reason to fly supersonic IMO, unless you're a CEO, lawyer, investment banker etc. flying from NY to London to have lunch with someone, seal some deal, and be back home for dinner. |
AND teleconferencing. Having a team, and not just CEO/lawyer/ibanker/etc, in NY working with a team in London is far easier today, compared to before the era of cheap video conferencing. Still too far from the real thing, but jetting over to the Atlantic for a quick conversation to clear something up, and coming right back isn't as necessary as it once was.