§ Mr. Bruce-Gardyneasked the Secretary of State for Industry what direct cost and contingent liabilities to public funds have been incurred as a result of the allocation of one unsold Concorde to British Airways.
§ Mr. Michael MarshallThe latest estimate of the direct cost to public funds 17W resulting from the allocation of one unsold Concorde to British Airways with a spare engine is £595,000; this relates almost entirely to the two manufacturers' expenditures on modifying the aircraft and five engines to British Airways fleet standard. The contingent liabilities consist largely of potential warranty costs, and cannot therefore be quantified at this stage.