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It was only ever close to profit because it didn't have to finance its own development.
by nickik 6y ago
It was only ever close to profit because it didn't have to finance its own development.
- bobthepanda 6y agoThe context is pretty clearly talking about operating profit, not the profitability of the program as a whole.
- kenneth 6y agoIt's not necessary to account for R&D costs if the R&D has other benefits (e.g. putting Airbus on the map as an alternative manufacturer to Boeing, giving Europe technology with military implications independent of its reliance on the USA, etc.)