New Concorde is designed to achieve maximum passenger appeal - but for its owners and operators it should achieve maximum profit as well... The success can be expected from a simple correlation...
Flying on New Concorde is attractive anyway but accordingly it is expensive, too... If you reduce the prices there will be more and more passengers on each flight... At a certain seat price you can also reach that all seats of the airliner are occupied... Let's say this is the "first stage" of the correlation...
Now when does an aircraft make the maximum profit to its operator? When it doesn't stand a minute but flies day and night full with passengers... If New Concorde is capable of 4 Transatlantic Crossings a day then all 4 flights should be booked entirely... That means an operator has to lower the seat prices until it has the maximum number of passengers for 4 flights of New Concorde each day... Let's say this is the "second stage" of the correlation...
The advantage of the above logic for the traveling public is obvious: they could have relatively affordable tickets for New Concorde - in huge numbers... What advantages could operators expect?
a) The airliner that you bought for hundreds of millions is not only standing around at airports but it is working at capacity... This should make a sense financially...
b) The airliner doesn't only have a handful of travellers onboard but all seats are occupied... The profit on one seat is less than at more exclusive prices - however you can multiply this smaller profit by the total number of seats... This should make a sense financially...
Best wishes, Joseph de la Mikula and Team
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