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It was never profitable on an accounting basis. Only if you ignore cost of construction.



There's a lovely LRB piece by Francis Spufford that covers (amongst other things) the accounting and procurement shenanigans required to avoid Concorde getting prematurely scrapped in the 80s, after it was clear it was a dead-end: https://www.lrb.co.uk/the-paper/v24/n11/francis-spufford/lov... [paywall]




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