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Peter Stickney wrote:
In article , Pooh Bear writes: Peter Stickney wrote: In article , Pooh Bear writes: BA actually made good money on Concorde for a significant number of years - hence why they were keen to get it fixed and re-introduced after the Paris crash. They had the interiors refitted too.Of course 9/11 had reduced passenger numbers by the time it was back in service. The made money on it - only after the R&D and production funds were written off by the Government, and British Airways was basically made a gisft of them. They made enough out of them to pay the operating costs, but nowhere near enough to cover development and construction. Agreed, but that wasn't their problem. Actually, I'd say that it is. In the Real World, it still costs money to develop and produce something. That money gets paid out no matter what. If you can't make it back, its a net loss of resources. Now, I suppose that you could subscribe to the delusion that Government Money isn't really money, and so doesn't matter, but even the most Ardent Socialist would agree that it is a marker for resources spent that could have been spent otherwise. How many Dog Shelters in Battersea, or Labour Exchanges in East Acton could have been supported with the dosh that was dumped into Concorde? In the short term, yes you could have had more dog shelters. If you want to talk about employment exchanges, I suggest you consider how Margaret Thatcher's industrial policies ( large scale unemployment to cripple the left ) were funded by North Sea oil revenues ( taxes ). In the long term, Concorde paved the way for Airbus. Without Airbus there would be no European aviation industry of note. I doubt that anyone could have truly seen that far ahead - but the mould was cast back then. Graham |
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