Connect with us

Business

Bangkok to Los Angeles in just over 5 hours. The second supersonic revolution.

The Thaiger

Published

 on

Bangkok to Los Angeles in just over 5 hours. The second supersonic revolution. | The Thaiger

PHOTOS: boomsupersonic.com

When the world’s first supersonic passenger jets took to the skies (in December 1968 – The Russian TU-144, followed not long after by Concorde in March 1969) the two aircraft had been designed with slide rulers and tested in rudimentary wind tunnels. The age of computer design and digital bench testing was a generation away.

Still, the feat to design and fly these supersonic passenger jets was an engineering marvel that was, sadly, enjoyed by few.

The TU-144 was an early failure, but the Concorde flew on until 2000, when an Air France Concorde crashed just after take-off. It was the final nail in the coffin for the world’s short experiment with supersonic passenger flights (flown commercially by British Airways and Air France).

Since then design, construction materials and engines have substantially improved. Is it time for another go at supersonic passenger jets?

Fast forward nearly six decades from those first flights and the prospect of supersonic passenger services are again a serious reality.

Really, since Boeing 707 first took to the skies in 1957, very little has changed with both the design and top speeds of the jets we fly around in. 60 years of sub-supersonic flight – around 950 kilometers per hour, tops.

Supersonic jets flew up around twice the speed of sound (Mach2), around 2,000 kilometers per hour, cutting boring long flights substantially. They flew at around 18,000 metres high (around 60,000 feet) where passengers say they could see the curvature of the earth.

But imagine Bangkok to Los Angeles in 5.5 hours, Sydney to Los Angeles in just under 7 hours. Suddenly the least appealing part of long-distance flight vanishes. And longer flights, say Melbourne to London, now impossible in current jets, become realistic with an 8 hour flight time.

Boom Technology is one of the new players seriously preparing for the next generation of supersonic flight. They’ve raised $85 million in funding from visionary seed investors and strategic partners, such as Virgin Atlantic. Last December, Japan Airlines reportedly put up $10 million to pre-order 20 of the 55 seat Boom airliners, slated for a 2023 launch.

Japan Airlines has invested $10 million into Boom Technologies, a Denver-based startup that wants to revive supersonic air travel by the middle of the next decade. The airliner Boom hopes to one day build would cruise at 1,450 mph — 2.2 times the speed of sound — and accommodate 45 to 55 passengers in business class seating. That’s about half as many as the now-retired Concorde – CNN Money

Bangkok to Los Angeles in just over 5 hours. The second supersonic revolution. | News by The Thaiger

An Air France Concorde takes to the skies

Now, Ctrip, Asia’s largest travel services provider, with 300 million registered users, has became Boom’s first strategic partner from China. Boom’s real economic potential rests with the ‘China Factor’. With less than 10% of Chinese currently owning a passport the potential for serious growth is staggering in the emerging travel superpower.

“Countries in the Asia-Pacific region are the most popular destinations among Chinese outbound tourists. One major reason is the shorter distance and travel time. Just think about it – an overnight long-haul trip could become a simple day trip,” says Victor Tseng, chief commercial officer of Ctrip.

Boom has publicly announced plans to fly its XB-1, a two seater demonstration aircraft, later this year as ‘proof of concept’. All going well the company will then begin construction of a fleet of supersonic commercial jets that are designed to fly at Mach 2.2 – around 1,451 mph (2,335 kilometers per hour) or more than double the speed of sound.

Bangkok to Los Angeles in just over 5 hours. The second supersonic revolution. | News by The Thaiger

The Boom XB-1, proof-of-concept plane ready for its first flight later this year – boom supersonic.com

Peter Goelz, senior vice president and aviation analyst at O’Neill and Associates, isn’t quite as optimistic. Speaking to CNN Travel he said… “I am not sure that I am as optimistic as they are that the challenge of sonic booms over land has gone away – that was devastating to the Concorde. If they are able to announce a more significant investment (in the order of billions) and some substantive blue-chip aerospace partnerships, that would demonstrate that these guys might have a real shot.”

So what are the differences that will allow Boom to succeed where the Concorde and Tupolev Tu-144 failed?

Firstly, technology. Another 60 years of new materials, computer design refinements, vastly improved engine technology.

Secondly, the economics. There is now a 10-fold increase in the numbers of flying travellers in 2018 compared to 1970. 10 times the number of paying passengers. And that’s set to double again in the next decade or so.

Thirdly, with computer design and testing, the company has been able to ‘bench fly’ thousands of different variations to find the best final design and combination of materials, wing-styles and engines. Problems, such as the sonic-boom, a loud noise made when the plane breaks through the sound barrier (1,192 kilometers per hour at sea level), will be greatly reduced with the newer wing designs.

Finally, the Boom design plans to carry just 55 passenger seats – compared with up to 120 passengers on the Concorde. Boom believes that this smaller ratio of passengers to running costs will be more sustainable for operating airlines.

This would end up in a round-trip ticket between London and New York estimated to cost around US$5,000 compared to the Concorde’s US$13,000 price tag for the same trip (that was the fare back in 2000). Boom says this compares with a Business Class ticket on your average cross-Atlantic return flight now.

Whilst the shorter, between-city trips around Asia will carry on in conventional jet plane designs, the new Boom could revolutionise trans-continental flight as we ponder the second generation of flying supersonic.

SOURCES: boom supersonic.com, CNN Travel, CNN Money

Bangkok to Los Angeles in just over 5 hours. The second supersonic revolution. | News by The Thaiger

55 ‘premium’ seats and over-size windows feature in the new Boom supersonic design – boom supersonic.com

Keep in contact with The Thaiger by following our Facebook page.



Do you need help with your business? Are you searching for a new job? Or an employer looking to hire? Try JobCute today.

Looking to jettison some items before jetsetting away or chartering a yacht? Look no further than Thaiger Classifieds where you can find and post items, work, property and more for free. Be sure to check out YonderTours for things to do in Thailand and tours across the country.

If you have story ideas, a restaurant to review, an event to cover or an issue to discuss, contact The Thaiger editorial staff.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

500 people own 36% of equity in Thai companies

Greeley Pulitzer

Published

on

500 people own 36% of equity in Thai companies | The Thaiger

Roughly 36% of Thailand’s corporate equity is held by just 500 people, highlighting wealth inequality in the Kingdom, according to a study released by the Bank of Thailand’s research institute.

Each of these 500 amass some 3.1 billion baht (102 million USD) per year in company profits, according to the report from the Puey Ungphakorn Institute for Economic Research. In contrast, average yearly household income in Thailand is around 10,000 USD.

A report out this week from the Economic and Business Research Centre for Reform at Thailand’s Rangsit University also pointed to divisive and polarised politics being another root cause of the economic divide.

Thailand’s private sector is dominated by tycoons running sprawling conglomerates. According to the World Bank, the gap between the mega-wealthy and the rest of the Thai population of 69 million is among the many economic challenges for Thailand. According to Bloomberg, the perception of a divide, exacerbated by an economic slowdown, is a major political fault line.

“Magnates arise in Thailand from institutional factors that privilege certain businesses,” said the executive director of PIER, author of the study.

The institute said Thailand needs to promote competitiveness to reduce profits from monopoly power and bolster entrepreneurship to create a more equitable distribution of corporate wealth.

The research is based on analysis of 2017 Commerce Ministry data on the 2.1 million shareholders in Thai firms, and was funded by the University of California San Diego.

SOURCE: Bangkok Post

Keep in contact with The Thaiger by following our Facebook page.
Continue Reading

Business

Fish sauce excluded from Thailand’s proposed tax on salty foods

May Taylor

Published

on

Fish sauce excluded from Thailand’s proposed tax on salty foods | The Thaiger

PHOTO: Cook’s Illustrated

Thailand’s Excise Department and Public Health Ministry is considering a levy on salty foods in an attempt to tackle the sodium-rich diets of Thai citizens, and the health consequences.

The director general of the Excise Department, Patchara Anuntasilpa says the tax would be calculated based on the amount of salt in a product, with the proposal being sent to Finance Minister Uttama Savanayana by year end.

Fish sauce is a liquid condiment made from fish or krill that have been coated in salt and fermented for up to two years.[1][2]:234 It is used as a staple seasoning in East Asian cuisine and Southeast Asian cuisine, particularly south east Asia and Taiwan. Following widespread recognition of its ability to impart a savoury umami flavor to dishes, it has been embraced globally by chefs and home cooks.

“If the tax is approved, we will allow entrepreneurs one or two years to reduce the salt content and launch a less-salty version of their product.”

The World Health Organisation and the UN both recommend taxing foods with a high salt content, saying increased sodium intake leads to high blood pressure, cancer and kidney and heart disease.

The Nation reports however, that while the proposal is to levy the tax on frozen and canned foods, along with processed items such as instant noodles, seasoning such as fish sauce and snacks like potato chips would be excluded.

The Federation of Thai Industries has pledged to cooperate with the government’s effort to improve the health of Thailand’s citizens, but its head Wisit Limluecha says he is not in favour of taxing popular seasonings, snacks, frozen or instant foods.

“Research has found that these foods represent only 20% of what we eat each day, and everyone has different eating habits, so the better solution would be to advise consumers on how to eat healthily.”

Wisit warns that the tax may damage the country’s competitiveness in the food sector both overseas and in Thailand, where imported products are easily available. He also voices concern that small businesses will suffer if unable to afford ingredient and packaging changes.

SOURCE: The Nation

Keep in contact with The Thaiger by following our Facebook page.
Continue Reading

Business

Thai Airways must modify rehabilitation plan to survive: Airline President

The Thaiger & The Nation

Published

on

Thai Airways must modify rehabilitation plan to survive: Airline President | The Thaiger

PHOTO: gta5-mods.com

“Thai Airways will have to modify its rehabilitation plans to survive in the face of tight competition.” This frank admission by the airline’s president Sumet Damrongchaith.

The national carrier is now carrying a total debt of over 2.45 billion baht and losses of more than 20 billion, despite being able to reduce its debts by 48 billion baht over the past five years.

Sumet says the first step will be to restructure the airline’s management and finances as well as reconsider its plan to spend 1.5 billion baht on 38 new aircraft. He admits the biggest problem is that Thai Airways has low capital but a high debt-to-equity ratio of eight times.

In order to maintain its competitiveness, the carrier will have to reduce its debts versus assets and boost its working capital with support from the ministries of Transport and Finance. Hence, it plans to borrow approximately 3.2 billion baht in fiscal 2020 in line with the budget limit set by the Office of Public Debt Management.

This loan will be taken to support the airline’s investments as well as for its working capital, to update equipment and maintain existing aircraft, but will not be used to repay old debts.

The Nation also reports that the airline is also concerned about maintaining its liquidity because at the end of June this year, its revolving credit line stood at 13.4% of the total revenue forecast for 2019.

Sumet admits that, though the original rehabilitation plan has a set framework, the situation has now changed due to the appreciation of the baht, so in order to achieve goals, the work method has to be redesigned, such as finding a way to procure more passengers.

“We are now in the process of analysing new markets.”

Meanwhile, Thai Aiways’ board chairman Aek-Niti Nitithan-Praphas says the board is reconsidering plans to procure a new fleet taking into consideration the state of the global and domestic economies as well as the US-China trade war.

“The growth of the tourism industry and the airlines’ financial status needs to be reviewed in line with strong competition and routes that are no longer popular. It’s better to carefully revise the plan instead of exposing the airline to greater risk. The target should be reduce expenses by 20%.”

Meanwhile, Thai Airways aims to boost the sale of tickets, find ways of increasing online shopping of duty-free goods and reducing unnecessary expenses by 10%without affecting the quality of service in the last three months of 2019.

The airline is also negotiating the option of cutting down overtime expenses and is looking into curbing losses incurred by it’s semi-budget offshoot Thai Smile by increasing its flying hours to 10.5 hours daily. These steps are expected to help the airline reach breakeven point in the short term.

The airline is also considering long-term goals such roping in more passengers by offering greater benefits to Royal Orchid Plus members, focusing on digital marketing, retiring non-performing assets as well as increasing revenue from related businesses such as kitchens and aircraft repair centres.

SOURCE: The Nation

Keep in contact with The Thaiger by following our Facebook page.
Continue Reading

The Thaiger Newsletter

Keep up with all the day’s news. Subscribe here.

The latest news and information from Thailand.

* indicates required
ม็อบ “สมัชชาคนจน” เดินเท้าถึงทำเนียบ กดดันรัฐบาลไม่จริงใจ [Live] | The Thaiger
ข่าวการเมือง1 day ago

ม็อบ “สมัชชาคนจน” เดินเท้าถึงทำเนียบ กดดันรัฐบาลไม่จริงใจ [Live]

ชมวาทะเด็ดธนาธร ให้การศาลรัฐธรรมนูญ คดีวีลัค ทำงานการเมืองเพราะอยากเปลี่ยนแปลงสังคม | The Thaiger
ข่าวการเมือง4 days ago

ชมวาทะเด็ดธนาธร ให้การศาลรัฐธรรมนูญ คดีวีลัค ทำงานการเมืองเพราะอยากเปลี่ยนแปลงสังคม

ตรวจหวย 16/10/62 รางวัลที่ 1 เลขท้าย 2 ตัว 3 ตัว เลขหน้า 3 ตัว และรางวัลอื่น ๆ | The Thaiger
ตรวจหวย6 days ago

ตรวจหวย 16/10/62 รางวัลที่ 1 เลขท้าย 2 ตัว 3 ตัว เลขหน้า 3 ตัว และรางวัลอื่น ๆ

ตรวจหวย 16 ตุลาคม 2562 ผลสลากกินแบ่งรัฐบาล 16/10/62 | The Thaiger
ตรวจหวย6 days ago

ตรวจหวย 16 ตุลาคม 2562 ผลสลากกินแบ่งรัฐบาล 16/10/62

ถ่ายทอดสด “สลากกินแบ่งรัฐบาล” 16 ตุลาคม 2562 ลุ้นรางวัลที่ 1 สด ๆ | The Thaiger
ตรวจหวย6 days ago

ถ่ายทอดสด “สลากกินแบ่งรัฐบาล” 16 ตุลาคม 2562 ลุ้นรางวัลที่ 1 สด ๆ

หนุ่มแท็กซี่ฉาว ท้าต่อยเจ้าของธุรกิจเต๊นท์ กลางงานสนามหลวง | The Thaiger
ข่าว7 days ago

หนุ่มแท็กซี่ฉาว ท้าต่อยเจ้าของธุรกิจเต๊นท์ กลางงานสนามหลวง

ไทยแชมป์วอลเลย์บอลอาเซียนกรังด์ปรีซ์สนาม 2 รางวัลรายบุคคล | The Thaiger
วอลเลย์บอล2 weeks ago

ไทยแชมป์วอลเลย์บอลอาเซียนกรังด์ปรีซ์สนาม 2 รางวัลรายบุคคล

ตรวจหวย1ตุลาคม2562 ผลรางวัลที่ 1 เลขท้าย 2 ตัว 3 ตัว เลขหน้า 3 ตัว และรางวัลอื่น ๆ | The Thaiger
ตรวจหวย3 weeks ago

ตรวจหวย1ตุลาคม2562 ผลรางวัลที่ 1 เลขท้าย 2 ตัว 3 ตัว เลขหน้า 3 ตัว และรางวัลอื่น ๆ

ถ่ายทอดสดหวย 1 ตุลาคม 2562 ลุ้นรางวัลที่ 1 สลากกินแบ่งรัฐบาล | The Thaiger
ตรวจหวย3 weeks ago

ถ่ายทอดสดหวย 1 ตุลาคม 2562 ลุ้นรางวัลที่ 1 สลากกินแบ่งรัฐบาล

สีจิ้นผิงกล่าวสุนทรพจน์ ครบรอบ 70 ปีก่อตั้งสาธารณรัฐประชาชนจีน -ลิงก์ถ่ายทอดสด | The Thaiger
ต่างประเทศ3 weeks ago

สีจิ้นผิงกล่าวสุนทรพจน์ ครบรอบ 70 ปีก่อตั้งสาธารณรัฐประชาชนจีน -ลิงก์ถ่ายทอดสด

คลิปไฮไลท์วอลเลย์บอลเวิลด์คัพ 2019 นัดที่ 5 | The Thaiger
วอลเลย์บอล1 month ago

คลิปไฮไลท์วอลเลย์บอลเวิลด์คัพ 2019 นัดที่ 5

คลิปไฮไลท์ วอลเลย์บอลเวิลด์คัพ 2019 นัดที่ 1 | The Thaiger
วอลเลย์บอล1 month ago

คลิปไฮไลท์ วอลเลย์บอลเวิลด์คัพ 2019 นัดที่ 1

Paramount เตรียมรีเมค FACE/OFF หนังบู๊ระดับตำนาน | The Thaiger
หนัง1 month ago

Paramount เตรียมรีเมค FACE/OFF หนังบู๊ระดับตำนาน

ประยุทธ์ โต้ รัฐบาลไหนก็มีตำหนิทั้งนั้น “ถึงเวลาก็อ้างอย่างที่ผมอ้าง” | The Thaiger
ข่าวการเมือง1 month ago

ประยุทธ์ โต้ รัฐบาลไหนก็มีตำหนิทั้งนั้น “ถึงเวลาก็อ้างอย่างที่ผมอ้าง”

อารัมภบท รักฉุดใจนายฉุกเฉิน My ambulance ตอนแรก 6 กันยานี้ | The Thaiger
บันเทิง2 months ago

อารัมภบท รักฉุดใจนายฉุกเฉิน My ambulance ตอนแรก 6 กันยานี้

Trending