According to JetNet (reported in Knight Frank’s 2017 Wealth report), within the largest 10 markets for private aviation there are around 17,000 (16,854) privately owned aircraft registered. The US has 75% of private jet ownership amongst the top 10 markets. US private jets has grown 34% from 2006 to 2016 to reach 12,717.
Boom Supersonic plans to make one-way supersonic air travel from London to New York cost about $2,600.
They have developed prototypes of a 55-seater jet that will have a cruising speed of 1,451mph, 100mph faster than the Concorde. They hope to begin passenger flights by 2025.
Traveling at half the time will really require a separate system for aircraft boarding and clearing of customs. The pre-clearance systems for getting quickly through security checks will be more common and even separate airports, terminals and gates for supersonic and other high-end travel.
SpaceX has talked about going in under an hour anywhere on earth for a few thousand dollars by 2028
In her opinion
* BFR (and point-to-point Earth transport) will be deployed “within a decade, for sure.”
* Point to point travel on EArth will be a few thousand dollars per person (less than business fare on a regular plane).
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.