British Air says Virgin bid for Concorde won't fly

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British Air says Virgin bid for Concorde won't fly

LONDON (Reuters) =97 British Airways spurned a five million pound ($8.4=20
million) bid for its Concorde aircraft from rival Virgin Atlantic Airways=20
Sunday, and said it would retire the supersonic jet as planned in October.=
=20
"Concorde is not for sale. Our position is absolutely unchanged on that," a=
=20
British Airways (BA) spokeswoman told Reuters. "We're clear that Concorde=20
will not fly commercially beyond October 2003." Earlier Sunday, Virgin=20
raised its bid for BA's five remaining Concorde aircraft to five million=20
pounds from its previous offer of just five pounds ($9). "We have operators=
=20
ready to help us keep it flying and would serve New York, Barbados and=20
Dubai, a new destination for the plane," Virgin Chairman Richard Branson=20
said in a statement. A joint British-French venture, Concorde first took=20
off in 1969 and can fly at twice the speed of sound, or around 1,300 miles=
=20
per hour.

But despite cutting trans-Atlantic journeys to three hours, demand for the=
=20
high-priced service has fallen in recent years, while the costs of=20
operating the fleet have sharply risen. The famous hooked-nosed jet was=20
also dealt a heavy blow in 2000 by a crash shortly after take-off in Paris=
=20
that killed 113 people. The planes were grounded for more than a year=20
afterward. Air France, the only other airline to fly Concorde, stopped=20
commercial flights last month. If snubbed, Virgin said it would ask BA to=20
join it in forming a charitable trust that would keep at least two of the=20
supersonic planes in semi-commercial service. Virgin pledged to donate 1=20
million pounds toward the trust. But the BA spokeswoman said it was not=20
feasible to continue commercial flights because Airbus, the aircraft=20
manufacturer that supplies Concorde's spare parts, has said it would not=20
support them beyond October. "As the aircraft gets older it costs more and=
=20
more to maintain and therefore its just not viable," she said. BA said it=20
was still finalizing its plans for the aircraft following its retirement.=20
"One of the things we're considering is the feasibility of keeping one=20
aircraft flying for airshows or special occasions such as the Queen's=20
birthday or events similar to last year's Golden Jubilee," the spokeswoman=
=20
said.


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