BA Doesn't Want More Virgin Competition | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.22.24

Airborne-Unlimited-04.16.24

Airborne-FlightTraining-04.17.24 Airborne-AffordableFlyers-04.18.24

Airborne-Unlimited-04.19.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
www.airborne-live.net

Tue, Jun 24, 2003

BA Doesn't Want More Virgin Competition

Taking Its Concordes Off Flying Status

Virgin International, whose bids for Concordes has risen a million-fold (from 1 pound Sterling each, to the current offer of $8.3 million, for the five remaining flying examples from BA's fleet), won't be getting the airliners. That's what British Airways is saying; and the Concordes are theirs to dispose of.

BA, through spokesmen, has said that the Concorde is simply finished flying; 2003 will be its last year. As for Sir Richard Branson's (seen below, right) bids, British says that the airliners are just too old, and require too much maintenance -- something they weren't saying when they were spending millions to bring the fleet into spec, just a couple years ago.

The Concorde, always a marginal contributor to both BA's and Air France's bottom lines, has been a money-loser since before the July, 2000 crash; but its prestige was never in doubt. Since September of 2001, though, with airlines' hitting harder-yet times, the Concordes' inordinate need for attention, and its decreasing profitability, have brought the beautiful old birds to the ground, probably for good.

Branson thinks he could make money with the Concorde

He issued a statement this weekend that said, "We have operators ready to help us keep it flying and would serve New York, Barbados -- and Dubai, a new destination for the plane." That may be, in fact, why BA doesn't want him to have it.

It was easy for British Airways management to reject Branson's original bid; the more-serious $8.3 million, though, can't be simply ignored. Now, British Airways spokeswoman Jo Devereux says simply, "The aircraft are not for sale."

BA also rejected a reported offer by Branson, of $1.66 million, to help set up a trust that would keep two Concordes in flying trim, for what he called, 'semi-commercial' use.

FMI: www.british-airways.com; www.virgin-atlantic.com

Advertisement

More News

SpaceX to Launch Inversion RAY Reentry Vehicle in Fall

Inversion to Launch Reentry Vehicle Demonstrator Aboard SpaceX Falcon 9 This fall, the aerospace startup Inversion is set to launch its Ray reentry demonstrator capsule aboard Spac>[...]

Aero-News: Quote of the Day (04.23.24)

"We are excited to accelerate the adoption of electric aviation technology and further our journey towards a sustainable future. The agreement with magniX underscores our commitmen>[...]

Aero-News: Quote of the Day (04.20.24)

"The journey to this achievement started nearly a decade ago when a freshly commissioned Gentry, driven by a fascination with new technologies and a desire to contribute significan>[...]

ANN's Daily Aero-Linx (04.20.24)

Aero Linx: OX5 Aviation Pioneers Each year a national reunion of OX5 Aviation Pioneers is hosted by one of the Wings in the organization. The reunions attract much attention as man>[...]

Aero-News: Quote of the Day (04.21.24)

"Our driven and innovative team of military and civilian Airmen delivers combat power daily, ensuring our nation is ready today and tomorrow." Source: General Duke Richardson, AFMC>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC