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by justmedep
505 days ago
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Concord was actually a cash cow for all airlines who had them. The only reason why airlines stopped using Concord was because of the crash and the inherent safety issues that were found. But the actual business model worked - limited in scope but it was highly profitable. “That said, the airlines that flew the Concorde did make a profit. Concorde was only ever purchased by two airlines: BA and Air France. While the concept of the Concorde might not have been a worldwide hit, it was certainly a good market fit for these two airlines at the time.” Overall it was obviously a money looser because of the high development costs (paid for by the governments). |
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Also, only be BA made good profit on it and only after mid-1980s. Air France could barely break even.
If not the PR effect that put those airlines above all others as the only ones flying supersonically, they'd never make any sense to either of them.
These days, they'd certainly not be viable as private planes are now much more available and much cheaper than they used to be back in the day and these save a lot more time than supersonic flights. BA fare for LHR-JFK roundtrip was 10K pounds back in 2000, $15.2K at the average exchange rate, that's $28K inflation adjusted! Who'd pay that kind of money today for a commercial flight?