BP: that "school" is misguided. Yes, it was odd that while the State required BOAC to curb its losses, so appointed Sir Giles Guthrie to run it like a proper business, not a branch of the industrial civil service, it concurrently poured money into the aircraft industry to stimulate exports/$ import substitution. That included £10.2Mn. of VC10 £50Mn. R&D and capital for BOAC's May,57 order for 35. The case by BOAC for subsidy (£30Mn. by ’67) of its operating cost increment over 707-320B/C was scrutinised in Committees numerous; too many sceptics to buy off with brown envelopes. The design was driven for hot-and-high Empire ports; vendor items were to be £, not $-denominated, so step forward assorted Jenny and Piles...hopeless at Product Support and much more besides. On 1st. flight 29 June,62 Flight judged it would hold 707 sales (then 550) to just 200 more: “demand has been filled.” 1,010 were built to 1994, because of Cents per Available Seat Mile. Greek to Brits.