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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
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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
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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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