Yeah, but Zoom (and its analogues) exist. Crossing the world doesn't take days OR hours; you can have a meeting with someone halfway around the world right now. I genuinely don't see an economic need for very many people to cross intercontinental distances that quickly in this day and age. How often does an executive actually need to go from New York to London? Or LA to Shanghai? We already ask "could this meeting have been an email?" Well, companies looking to save money should also be asking "could this intercontinental business trip have been a Zoom call?" Otherwise, it's just businesses subsidizing their executives' luxury travel expenses.
The existence of business class flights proves this wrong. You are probably right the relative demand for face-to-face has gone down since Concorde but the world has also gotten bigger and richer since. I suspect absolute demand is higher, particularly if they can deliver their promise of business-class prices (versus Concorde's, inflation-adjusted $20k).
> The existence of business class flights proves this wrong
I don't see how it does. Wanting a more comfortable experience than being crammed into a narrow seat for hours when travel/physical presence is actually necessary doesn't somehow translate into necessary travel being underserved.
(Specifying necessary travel because that's the GP's point - just because there are people who want to take 10 minute hops between neighbouring cities or to fly out for meetings that could have been conducted perfectly well over a call doesn't mean that the world should cater to their whims.)
