The reason The Residence isn’t very popular is because of economics. A Residence flight is almost as expensive as a private charter jet.
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Rich people should just rent low-end private jets, and poor people shouldn’t buy anything more expensive than first class tickets.
I think this needs more clarification. On a per-unit basis, yes, but the upfront cost of booking a private charter jet is a lot higher since you usually can’t book only 1 seat, you have to book the whole jet.
For example, The Residence costed around $20,000-$30,000 at release (it’s now more like $5,000, but the essay seems to be written with the former in mind). For a mid-range flight like UAE-Paris, you could book a charter jet for ~$75,000 that seats 10 people, which is a lot cheaper than The Residence at release, but is a bit excessive for one person.
I think this needs more clarification. On a per-unit basis, yes, but the upfront cost of booking a private charter jet is a lot higher since you usually can’t book only 1 seat, you have to book the whole jet.
For example, The Residence costed around $20,000-$30,000 at release (it’s now more like $5,000, but the essay seems to be written with the former in mind). For a mid-range flight like UAE-Paris, you could book a charter jet for ~$75,000 that seats 10 people, which is a lot cheaper than The Residence at release, but is a bit excessive for one person.