"Dave Stadt" wrote in message
...
"Steve Firth" wrote in message
.. .
Dave Stadt wrote:
AFAIK Concorde
never turned a profit.
You don't know Jack then. BA returned an operating profit on Concorde
for at least the last seven years of operation.
You can list all the profitable US built SSTs here I guess?
If you add up all the costs involved with Concorde and all the revenues
the
costs exceed revenue. If you wish, you can ignore certain costs and claim
a
profit.
Costs to whom? You cited share holders, as I recall, none of whom
contributed a penny to Concorde's development costs. BA, who are a
commercial company, made *profits* and paid dividends. We, the British
taxpayer, paid for the Big Bird, and therefore deserved a say. But it's
nonsense to conflate the two areas; you might as well then say that all the
underpinning given by the US gumnint to Boeing over the years should be
charged against the operating margin for a 747.
It's a bit like Nasa and the shuttle, if you'd like something that is closer
to home.
Ali
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