But would the impact be that high?
Cutting flight time by 40-45% is nice, but end to end travel time includes driving to/from the airport and immigration, which does not change.
Let's look at JFK-LHR (New York - London). The flight time is cut from 6.5h to 3.5h. Let's add 2 hours overhead at each end (somewhat ... optimistic), which makes it 10.5h vs 7.5h.
LA-Sydney is 14.5h vs 8.5h, or 18.5h vs 12.5h end to end.
Is that difference really going to change if you take the trip or not? Would you be willing to pay a significant markup for that?
Seems like the market would be constrained to relatively high profile business travel.