4.8 • 1.5K Ratings
🗓️ 26 September 2024
⏱️ 43 minutes
🧾️ Download transcript
As the Concorde supersonic jet finally prepares to enter passenger service, economic and political forces conspire to keep it grounded.
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0:00.0 | Want to get more from business movers? |
0:02.0 | Subscribe to Wundery Plus for early access to new episodes, |
0:05.6 | ad-free listing, and exclusive content you can't find anywhere else. |
0:09.4 | Join Wundry Plus in the Wundery app or on Apple Podcasts. It's spring 1972 in the center of London. |
0:23.0 | Michael Hesleton paces around his own 1972 in the center of London. |
0:33.0 | Michael Hesleton paces around his office at the Department for Transport, |
0:37.0 | gearing himself up for a meeting. |
0:39.0 | Michael is the latest minister with responsibility for the Concord Supersonic Jet program. |
0:45.0 | This joint Anglo-French project is now more than 15 years old and the first production planes |
0:50.8 | are under construction at factories in Bristol and Toulouse. |
0:54.8 | But Michael is one of many in Britain who sees the project as an economic disaster. |
0:59.8 | It's over budget and behind schedule, But that doesn't matter now. |
1:03.4 | Since the British government has funded the program, Michael has to act as a |
1:07.9 | salesman to try to earn back as much of the money invested as possible. |
1:11.9 | Michael looks up as one of his aides opens the office |
1:15.3 | door and shows Kenneth Keith in. Kenneth is a negotiator representing British Airways, a newly formed airline created by a merger between two state-owned companies. |
1:26.2 | One of those firms, BOAC, made an early commitment to buy several Concord jets, but now British Airways is threatening to cancel that order. |
1:35.8 | Michael smiles and stretches out his hand. |
1:37.8 | A pleasure to see you again, Kenneth. |
1:39.8 | Well, is it? |
1:40.9 | Of course it is. |
1:42.4 | Please take a seat. |
... |
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