Very interesting and informative post Flying Lawyer.
I hope you won't mind me quoting part of a previous post by you in a Concorde discussion on another thread a few weeks ago. I think it helps to complete the picture.
It shouldn't be forgotten that, from the very beginning, there have always been two strong bodies of opinion about Concorde within BA: one for, one against. I'm told by a number of reliable sources, whom I have no reason to doubt, that an anti lobby existed at Board/management level to the end and this final problem swung the 'middle ground'.
Concorde has always had to contend with opposition within the company. Some were convinced it couldn't survive BA's financial streamlining in preparation for privatisation and, but for the foresight and wisdom of Lord King who became Chairman in 1981, it may not have. King was pro Concorde, created the Concorde Division and gave Captain Brian Walpole (appointed General Manager Concorde) and Captain Jock Lowe (then a Senior FO) two years to turn it to profit. They did so. I declare a bias because he's become a friend, but I consider Jock Lowe to be one of the 'all round' cleverest men it's been my privilege to meet in aviation. He was Commercial Director Concorde until 1999.
Their challenging task had only been under way for a few months when Concorde's future was threatened by a different and very serious crisis: the government gave notice it wouldn't fund Concorde's support costs beyond 1983 (later extended to 1984.) Many in BA thought (and the anti lobby hoped) that really was the end of Concorde and when King told the government BA would consider taking over the support costs, the anti-Concorde body thought he was barking mad. However, King and his team negotiated new contracts with the relevant companies and Concorde was saved again. The anti lobby forecast financial disaster but the BA Concorde fleet was making a profit 20 years later when the retirement was announced.
We're all entitled to our views. I understand, and don't underestimate, the serious problems created by the Air France decision. I merely believe, rightly or wrongly, that if a man with the genius and courage of Lord King was still Chairman, a way would have been found around the latest problem.