3 ms·
Yeah; on privatisation they were transferred the airframes as a 'fully depreciated asset'. I'm full of admiration for Concorde as a technical achievement, but
by pmyteh 10y ago
Yeah; on privatisation they were transferred the airframes as a 'fully depreciated asset'.
I'm full of admiration for Concorde as a technical achievement, but it's certainly easier to make a profit if you don't have to pay for your aircraft or initial stock of spares, let alone the development costs of the plane...