yinyinwu

I thought that insurance fees were capped at $7 - 10k even with high deductible plans. Even if the bill is split over two years, it's $20k.

How does the insurance bill end up being so high?

What are the applications for this?

The rate of business travelers who fly business class is not 100%, but it's very high for most airlines.

For US and European carriers, it's around 75%. Since the cost is 4 - 7x higher than commercial, most people aren't paying for this expensive personally. Not sure about other industries, but for consulting and tech, the standard is to allow a business upgrade on international flights and not domestic.

The TL&DR I'm getting from the thread is that everyone should stop flying because it's so bad for the environment.

On a commercial plan, business travelers accounts for >70% of an airline's profits. My read on the article is that Boom is targeting the business customers on a commercial flight and faster transit time is one of the biggest wants for business travelers.

The technology around Supersonics has existed for nearly half a century. The Concorde supersonic plane was flown in 1969 - nearly nearly a half century ago. At the time, one of the big cost was gas. Significant improvements has been made to materials to improve gas efficiency for supersonics.

Boom can use the Tesla approach by starting with business class customers to prove the demand then moving down the latter to consumers. Tokyo could be a weekend trip if the flight was five hours.