ruveyn wrote:
The Concorde was a Looser. It cost more to run than it made in fares and freight carrying. In addition it could not be flown overland supersonic because of the shock wave. In addition to which the Concorde was relatively unsafe to fly. One of these birds went down in flames. A single nail or screw sucked into the engines could literally kill the plane.
ruveyn
It depends how you do your sums. The British and French sank a fair bit of cash into R&D at a time when fuel was cheap and the prospects for sales were high, so they took a huge bath when the oil embargo happened and the order book dried up. Does that make Concorde a loser? With 20/20 hindsight, perhaps.
BA did substantially better than AF with the financial performance of Concorde. Over its service life, Condorde generated about £750 million in operating profits (£1.75 billion in revenue against £1 billion in operating costs). With a unit cost of £23 million (1977 values), the seven frames would have handsomely paid for themselves even if the BA acquisition hadn't been subsidised (five frames were bought for list price using funds borrowed from the Government, who took 80% of the profits, and the last two frames were bought for their £1 book value, plus £16.5 million for spares inventory) .
But it most certainly did not cost more to run than it make in fares. (A claim belied on the operators' decision to relaunch services after AF4590).
Given the relatively small number of rotations that each frame went through, it's almost impossible to make a meaningful statistical claim regarding relative safety. Certainly there is no evidence that ingestion of a nail or screw into the engines would take the engine out (AF4590 was brought down by a puncture of its fuel tank, not by an engine loss). I had the privilege of flying her on more than one occasion, and given the opportunity I would not hesitate to do so again.
As for relative safety, we again get into an issue of statistics. Concorde had only one loss-of-life incident and on hull loss (AF4590).
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--James