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by notahacker 1715 days ago
I agree, indirectly it lead to another company being hugely successful, which was probably a net win in terms of indirect tax revenues for the government (less because of the tech innovation and more because despite writing off £3bn on the project itself they also see returns from Airbus and every other domestic aerospace supply chain company that came afterwards, and all profitable airline operations, and all businesses aided by more available, cheaper flight)

But if Boom did likewise their investors won't see a penny. Viewed from that perspective, Boom only succeeds if they make and deliver aircraft at a profit (or get strategically acquired by Boeing or Airbus).