The next phase in the new life of XH558 takes the aircraft from today up to its first public display. In funding terms, we estimate that it will cost about £575,000 to meet our target of returning her to public display on 1st June, an amount which is consistent with our estimated gross annual running costs of about £1.6million
Whilst the largest proportion of the £575,000 pays for the monthly £70,000 baseline costs of salaries and other vital items, the steepest part of the new challenge is the upfront outlay of £85,000 required now to restart the test flight programme. The costs of the display work-up flights and aviation insurance are the other major elements making up the total.
15thJan 2008
Isnt it amazing how now £150k seems to be the final hurdle (take note bubbles)
Quotes from Dr Pleming tvoc website