HC Deb 10 February 1967 vol 740 c375W
Mr. Whitaker

asked the Minister of Aviation what will be the net development and building costs per Concord aircraft if the total sale is 50, 100, 150, 200, 250 and 300 Concords, respectively.

Mr. Hamling

asked the Minister of Aviation what was the original estimated cost of the Concord; and what is the estimated cost at the present time.

Mr. Stonehouse

In November, 1962, when the Agreement with the French was signed, the cost of developing Concord was estimated at £150–£170 million. The present estimate is £450 million plus a contingency allowance of £50 million. I am not prepared to give estimates of the construction costs per aircraft.