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 -- Recent Daily Episodes

Episode Date

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne On ANN

ADR 02.20.17

Airborne 02.20.17

Airborne 02.21.17

Airborne 02.22.17

Airborne 02.23.17

Airborne 02.24.17

Airborne-HD On YouTube

ADR 02.20.17

Airborne 02.20.17

Airborne 02.21.17

Airborne 02.22.17

Airborne 02.23.17

Airborne 02.24.17

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

Infamous RV-10 Lawsuit Against Van's Aircraft Dismissed

Years of Wasted Effort, Resources, and Worry Signal Ongoing Defects In US Tort Law When the news first came out, in 2015, that Van's Aircraft was sued for a considerable amount of >[...]

Airborne 02.22.17: CAF Dixie Wing P-63A, AF1 Price Cut, SLS Manned Flt?

Also: Drone Light Show, Remotely Piloted Helos, TFR Busts, Gulfstream, XTI Aircraft, CA Airlines, Icelandair After more than 40 years since it’s last flight, the Commemorativ>[...]

AMA Drone Report 02.20.17: DJI & AMA Team Up, MultiGP, Drone Advisory Committee

Also: Another Dumb FL Drone Law, AMA Expo East!, Spaceport America Drone Summit DJI and AMA have launched a joint program to promote safe and responsible drone operations, train pu>[...]

Airborne 02.21.17: NASA 'Space Poop' Challenge, Drone Advisory, Boeing

Also: Alphabet Balloons, Aero-Calendar, DJI-AMA, Solar Research, Dreamliners, F-35, ALPA NASA Johnson Space Center, in partnership with NASA Tournament Lab and online crowdsourcing>[...]

GA Aircraft Shipments And Billings Down Almost Across The Board

Only Uptick Was In Turboprop Airplanes, Turbine Helicopters Hit Hard The news is pretty much all bad, and some of it is really bad, in the GAMA 2016 year-end report of aircraft shi>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC