One of the things that is considered to have greatly hampered Concorde's success were the dramatic oil price increases due to the 1973 oil crisis (the 1979 one surely didn't help either, but it was too late already).
Wikipedia tells me that the 1973 oil crisis resulted in crude oil prices being multiplied by four. How much could this have affected Concorde's projected ticket prices ?
This is a very complex question, because I'm really interested in how much this affected the commercial case of Concorde, meaning a standard occupancy rate would need to be considered (ideally what was considered initially for Concorde if anyone has any idea...). But due to the difficulties of Concorde, the occupancy rate was usually very low (surely much lower than projected without the oil crisis), to the point that actual ticket prices surely ended up reflecting that. But that is a triggered consequence I would like to be able to distinguish from the original factor (after that we can of course add the calculation when the occupancy rate gets reduced as a result).
Do you know what were the pre-crisis projected stabilized (ie non-initial) ticket prices of a given long range Concorde flight ? That would be immensely helpful ;
Do you know how much a 4x increase in crude oil prices at the time would have affected this projected ticket prices, all other things being equal (same occupancy rate, etc) ? If we knew typical jet fuel prices at the time (pre- and post-crisis), seems like an estimate of the additional "first degree" cost per ticket could be reached by dividing fuel capacity over expected number of passengers. Adding benefit margin and we would have an estimate of price increase.