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.
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.
Business aviation is a less lucrative market than commercial, and business-only commercial flights is a market which has almost completely failed to make any profit. In automotive terms, not only are there are a lot more people buying buses than cars, you also don't make a higher profit on the cars either unless you're the interiors outfitter....
https://www.aerionsupersonic.com
So there may end up being other options.
That doesn't translate particularly well to less frequent 55 business class seat flights on most of those routes; even if the flights are shorter the arrival times are probably a lot less convenient for most of the executives.
The all-business class model has struggled to be economically viable even on ideal routes like London-NY. Those economy seats give you a lot more flexibility when the business class seats aren't selling.
(And as ghaff pointed out business travellers /= business class; most people travelling on business have an economy ticket sized budget)
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.