A group of ex-Concorde pilots and other supporters says it has the financial backing to return one of the retired supersonic airliners to flight.
Club Concorde says unidentified financial backers have committed almost $190 million U.S. to buy or lease an airframe and restore it to airworthy condition. In a separate arrangement, a single U.K. investor has committed about $60 million U.S. to buy a second aircraft for a permanent display on a stand in the Thames River in central London.
“We have been overwhelmed by the amount of enthusiasm and people wanting to invest,” Club Concorde President Paul James said. “The support shows how much people still admire Concorde and want to see it flying again.”
For the complete story by Russ Niles of AVweb, click here.