Skip to content

Why Hasn't Airline Travel Gotten Any Faster Since the 1960s?

March 19, 2017
3 min read
GettyImages-1910753
Why Hasn't Airline Travel Gotten Any Faster Since the 1960s?
The cards we feature here are from partners who compensate us when you are approved through our site, and this may impact how or where these products appear. We don’t cover all available credit cards, but our analysis, reviews, and opinions are entirely from our editorial team. Terms apply to the offers listed on this page. Please view our advertising policy and product review methodology for more information.

Quora.com is a question-and-answer site where content is written and edited by its community of users. Occasionally we syndicate content from the site if we think it will interest TPG readers. This article originally appeared on Quora.com in response to the question,Why Hasn't Airline Travel Gotten Any Faster Since the 1960s?, and was written by Blake Scholl, Founder and CEO of Boom Supersonic, a company that's trying to bring back supersonic air travel.


There are lots of interrelated causes, but we biffed [botched] the introduction of supersonics in the 1970s — building large SSTs before we had the tech to make them efficient — and then banned supersonic flight over land, busting the business case for supersonic development. With speedups off the table, big aerospace focused on incremental improvements to efficiency. Fortunately, the technology and business cases have converged, and a supersonic renaissance is finally just around the corner.

Less than a decade after the dawn of the jet age, supersonic transport (SST) projects were launched in Europe, USSR and the US. Unlike the majority of jet airliner projects, the SST projects were government-led with requirements set by Cold War oneupmanship rather than practical economics. So we got the Concorde: a technological marvel with unworkable airline economics.

Concorde was a joint venture between the French and British governments. With afterburners and 1960s-era systems and aerodynamics, Concorde was a gas guzzler, requiring higher ticket prices — ultimately $20,000. Yet Concorde had 100 seats: it's hard to find 100 people who can afford that price for routine travel. As a result, there wasn't much of a market, and there were no economies of scale.

The American "Concorde-killer," the Boeing 2707, would have been even worse. Taxpayers footed most of the development bill and the federal government set requirements for glory, not practicality: a 300 seat, Mach 3 airliner. The seats would have been impossible to fill at the required fares, and the SST had little hope of earning a profit for airlines. Boeing cancelled development in the early 1970s after Congress pulled the massive subsidy.

Then something rotten happened: supersonic flight over land was banned in the US. Ostensibly, this was about sonic boom noise concerns — but in my honest opinion it was really about protecting US aerospace from Concorde competition: had noise been the real concern, there would have been a noise limit, not a speed limit.

Daily Newsletter
Reward your inbox with the TPG Daily newsletter
Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG’s experts

It would be natural for supersonic travel to start with business jets ("SSBJs"): relatively small vehicles, easier to make quiet, aimed at a market willing to pay a premium for time savings. But the supersonic overland ban busts the business case for SSBJs: 75% of bizjet miles are flown over land and buyers are loathe to pay top dollar for an aircraft not faster most of the time. Business jet makers like Dassault, Gulfstream, and Cessna have looked at the SSBJ market and concluded it doesn't make sense until you can fly supersonic over land.

So, instead of private supersonic aircraft paving the way for mainstream supersonic travel, we've had to wait until the technology was ready to serve a large market, despite the overland supersonic ban.

Finally, that day has arrived: with carbon fiber composites, modern aerodynamics and turbofan engines, one can build a small supersonic airliner profitable at business-class fares. Thanks to globalization-driven increases in travel, there is a market for over 1,000 such aircraft, even without supersonic flight over land. That's a large enough market to justify the development costs.

TPG featured card

4 / 5
Go to review
Rewards rate
1XChoose to earn up to 1X points on rent and mortgage payments with no transaction fee
2XEarn 2X points + the option to earn 4% back in Bilt Cash on everyday purchases
Intro offer
Open Intro bonus
50,000 Bilt Points + Gold Status + $300 of Bilt Cash
Annual fee
$495
Regular APR
26.74 - 34.74% variable
Recommended credit
Open Credit score description
Good Credit, Excellent Credit

Pros

  • Choice to earn up to 1 Bilt Point per dollar spent on rent and mortgage payments
  • Elevated everyday earnings with both Bilt Points and the option to earn Bilt Cash
  • $400 Bilt Travel Portal hotel credit per year (up to $200 biannually)
  • $200 Bilt Cash annually
  • Priority Pass membership
  • No foreign transaction fees

Cons

  • Moderate annual fee
  • Designed primarily for members seeking a premium, all-in-one card
  • Earn points on housing with no transaction fee
  • Choose to earn 4% back in Bilt Cash on everyday spend. Use Bilt Cash to unlock point earnings on rent and mortgage payments with no transaction fee, up to 1X.
  • 2X points on everyday spend
  • $400 Bilt Travel Hotel credit. Applied twice a year, as $200 statement credits, for qualifying Bilt Travel Portal hotel bookings.
  • $200 Bilt Cash (awarded annually). At the end of each calendar year, any Bilt Cash balance over $100 will expire.
  • Welcome bonus (subject to approval): 50,000 Bilt Points + Gold Status after spending $4,000 on everyday purchases in the first 90 days + $300 of Bilt Cash.
  • Priority Pass ($469/year value). See Guide to Benefits.
  • Bilt Point redemptions include airlines, hotels, future rent and mortgage payments, Lyft rides, statement credits, student loan balances, a down payment on a home, and more.