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Did Concorde turn a profit?

Concorde service was profitable by the late 1980s and if not for the economic downturn and Air France Concorde crash of 2000, may have survived to this day. Concorde earned £500 million for British Airways after tax profit, this was between a loss making 1982 and a highly profitable 2000 with just seven aircraft.



Despite its reputation as a "white elephant," the Concorde was highly profitable for British Airways, though it struggled to make money for Air France. After the initial development costs were written off by the British and French governments, British Airways turned the aircraft into a major revenue generator by targeting wealthy corporate executives and celebrities. Between 1983 and its retirement in 2003, British Airways’ Concorde fleet reportedly earned an operating profit of over £500 million. They achieved this by realizing that many of their regular passengers didn't actually know how much their tickets cost, allowing the airline to significantly hike fares for the "supersonic" prestige. In contrast, Air France struggled with lower load factors and higher maintenance costs, often barely breaking even. While the program as a whole (including research and development) was a massive taxpayer-funded loss, the day-to-day operations for the UK’s flag carrier proved that there was a lucrative market for ultra-fast transcontinental travel among the global elite.

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The Concorde soared so high that you could see the Earth's curve. A ticket from London to New York on a flight operated by British Airways cost a whopping $7,574 (Rs5,50,000), which is equivalent to $12,460 (Rs9 lakh) today. But for the price, the Concorde experience wasn't exactly comfortable or luxurious.

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Cruising at Mach 2 – or 1,350 mph – at 60,000 feet, Concorde flew five miles above and 800 mph faster than the subsonic 747s plodding across the Atlantic. The radio chatter between aircraft could get interesting, according to Tye.

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The Concorde was famously loud: a take-off at Washington airport in 1977 measured 119.4 decibels. By comparison, a clap of thunder hits 120 decibels while the pain threshold for the human ear is around 110.

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Concorde is sadly no longer flying, but it is still possible to visit some of the remaining 18 airframes, there are others not open to the public but you can still see them.

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Afterburning was added to Concorde for take-off to cope with weight increases that came after the initial design. It was also used to accelerate through the high-drag transonic speed range, not because the extra thrust was required, but because it was available and improved the operating economics.

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Former British Airways (BA) Concorde captain John Hutchinson said the fire on its own should have been 'eminently survivable; the pilot should have been able to fly his way out of trouble'. Hutchinson believed this did not happen due to a series of operational errors and 'negligence' by the maintenance department.

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Elsewhere, the frames at the Smithsonian Museum in Washington and another in Barbados have been preserved to a high standard. Despite the ongoing preservation, none of these Concordes are anywhere close to being airworthy.

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Over the Irish sea and rapidly running out of fuel the Tornado had a hard time catching up with the mighty Concorde. Over more than a hundred miles or so, 5–10 minutes the Concord could outrun every fighter.

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Concorde used the most powerful pure jet engines flying commercially. The Aircraft's four engines took advantage of what is known as 'reheat' technology, adding fuel to the final stage of the engine, which produced the extra power required for take-off and the transition to supersonic flight.

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It's no secret that Richard Branson tried to buy the Concorde fleet from British Airways in 2003, when the airline was forced to close its supersonic operation. At the time BA dismissed the offer as a publicity stunt from Virgin, saying: maintenance would be too expensive and it is just not viable.

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Virgin may have been shut down by British Airways over 15 years ago, but Virgin Galactic and Boom Supersonic briefly had a deal to acquire the Overture, the manufacturer's supersonic flagship jet, dubbed 'the New Concorde.

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Boom Supersonic, the US plane manufacturer, plans to have the answer with its new Overture jet, which is set to transport customers at twice the speed of today's fastest commercial aircraft, and is regarded as the new Concorde.

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