Timeline for Was the Concorde project an example of the sunk-cost fallacy?
Current License: CC BY-SA 3.0
4 events
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| Jun 27, 2020 at 20:15 | comment | added | Vikki | See, for instance, here (for instance, "Under the direction of the new regime, the Concorde division became, for the first time, operationally profitable. British Airways would never come close to recouping the original capital expenses of developing and building the plane, but the Concorde turned into a genuine moneymaker...") and here. The Concorde's enormous development costs aren't a factor when calculating its operating finances. | |
| Jun 27, 2020 at 10:49 | comment | added | Adam Bailey | @Sean Do you have a source for BA operating Concorde at a profit? I'm curious as to whether the calculation of profit included all the development costs, or just the operating costs. | |
| Jun 26, 2020 at 21:22 | comment | added | Vikki | Regarding #2, that belief did, in fact, turn out to be justified; that's how BA was eventually able to operate the Concorde at a profit. | |
| Oct 8, 2017 at 18:39 | history | answered | Adam Bailey | CC BY-SA 3.0 |