The last supersonic passenger aircraft had one of the most impressive safety records of any airplane ever built.
One crash in its entire history.
It was continually attacked before it first flight, by American aircraft manufacturers who couldn't match it. Some of the more ridiculous claims were that, it would use up Oxygen so fast, the world would suffocate. That repeatedly flying at that speed would give you cancer or make you sterile.
The single crash was the end because regulations meant that after such a crash, a full safety eveluation would have to be done. That concluded that the fuel tanks were intrisically unsafe. Redesigning them was deemed unfesable.
One claim at the time was that supersonic air travel would never be successful because there wasn't demand.
The Americans now seem to have caught up and are ready to produce their own such aircraft. So suddently there is a demand.
http://www.dailymail.co.uk/travel/t...-business-jet-aims-cut-journey-time-HALF.html
http://www.travelpulse.com/opinions/column/why-we-need-supersonic-air-travel.html