Re: Concorde economics

From:         kls@ohare.Chicago.COM (Karl Swartz)
Organization: Chicago Software Works, Menlo Park, California
Date:         29 Jan 95 19:14:48 
References:   1
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>There has been quite a lot of discussion lately on rec.aviation.misc about
>the Concorde ... also, whether development costs have ever been covered
>by earnings.

I recall reading a few years ago that BA (and probably AF) had written
off the acquisition costs of the Concorde.  With that edge, they did
turn a profit, but that was a big chunk of cash to write off, and the
development costs were probably a bigger write-off yet.

Karl Swartz	|INet
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