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Petition for keeping one Concorde flying



 
 
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  #1  
Old February 6th 04, 10:24 PM
Dave Stadt
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"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.




  #2  
Old February 6th 04, 10:47 PM
Ali Hopkins
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"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


  #3  
Old February 9th 04, 01:43 PM
Paul Sengupta
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"Dave Stadt" wrote in message
...
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.


Yes, but that goes for a lot of the aerospace industry. In fact,
something I saw recently, if you take the whole airline industry
over the years, the costs exceed the revenue. Air travel as a
whole has been non-profitable (if taken as an entity) since it
began. Of course profits have been made, but so have losses.
Doesn't mean air travel should be scrapped.

On an operating basis, Concorde was profitable until the decline
brought upon by 11th of September.

Paul


 




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