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The economics of commercial flight

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Aerowerx

Well-Known Member
Joined
Dec 1, 2011
Messages
6,091
Location
Marion, Ohio
I heard an interesting discussion on how market forces determine the speed at which passenger jets fly, as an example of how prices are determined in a free market.

Almost all commercial flights are around 500 to 550 mph and somewhere around 30000 to 40000 feet. There certainly are planes that can go higher and faster but nobody wants to pay more for their tickets. This is one of the things that killed the Concord.

So it is a balance between performance and profit. And the planes are then optimized for that narrow notch.
 
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