4 ms·
I had never heard that Concorde was "quite profitable"; to the contrary, I believe it was heavily subsidized by its operators' respective governments as a point
by fluffysquirrel 10y ago
I had never heard that Concorde was "quite profitable"; to the contrary, I believe it was heavily subsidized by its operators' respective governments as a point of national pride. e.g.:
http://www.nytimes.com/1981/01/09/business/france-extending-aid-to-concorde.html http://www.nytimes.com/1981/01/09/business/france-extending-...
http://articles.latimes.com/1987-12-01/business/fi-25795_1_supersonic-concorde http://articles.latimes.com/1987-12-01/business/fi-25795_1_s...
- Reason077 10y agoDevelopment of the Concorde aircraft itself was heavily subsidised. But in service, it was profitable - at least for British Airways: On average Concorde made and operating profit of £30-50 Million a year for British Airways in the boom years where many passengers were travelling first class. British Airways reportedly received £1.75 Billion in revenue for Concorde services against an operating cost of around £1 Billion. Air France made a much smaller profit. Source: http://www.concordesst.com/retire/faq_r.html http://www.concordesst.com/retire/faq_r.html