Comment Re:Concorde (Score 3, Interesting) 238
No, BA didn't get their Concorde for £1 each, they paid full price for the aircraft they ordered and nearly full price for the aircraft that were dropped by other airlines before they took delivery. And even if they did pay just £1 for each airframe, the purchase cost pales in comparison to the operating cost - getting the aircraft for a pittance would have little impact on profitability against the costs of actually running the aircraft.
British Airways operated Concorde profitably by charging enough money for the tickets - it was indeed one of the airlines main profit centres before it was grounded by the crash and subsequent retirement a few years later. When BA was privatised, one of the first things they did was drastically raise Concorde ticket prices and none of their regular passengers batted an eyelid.