PPRuNe Forums - View Single Post - Vulcan to the Sky, The End? (Merged)
View Single Post
Old 9th Aug 2006, 19:24
  #344 (permalink)  
Pontius Navigator
I don't own this space under my name. I should have leased it while I still could
 
Join Date: Dec 2002
Location: Lincolnshire
Age: 81
Posts: 16,777
Received 5 Likes on 5 Posts
Originally Posted by DEL Mode
Maybe the correct thing to do would be for the HLF to purchase the Hangar for the Nation to store historic aircraft in.
Hangarage is certainly an issue but remember the aircraft is to be kept at Duxford where I don't think it would be an issue.

The present problem I suspect is associated with the transfer of the Vulcan, owned and housed by David Walton to the TVOC but where it has remained in his hangar.

Until he transfered the aircraft he would have planned on making money form its displays and thus offset the cost of hangarage in his accounts. As soon as the aircraft was transfered to the trust with its planned transfer to Duxford then his future profits would have disappeared. To the loss future profits would then be added the cost of hangarage. The only way to recoup costs was therefore to charge a commercial rent.

Or am I way off mark?
Pontius Navigator is offline