Air France Flight 4590 crash and possible remedies. Air France's Concorde operation had been a money-losing venture, but it is claimed that the aeroplane had been kept in service as a matter of national pride; British Airways claimed to make a profit on its Concorde operations. According to Jock Lowe, a Concorde pilot, up until the crash of Air France Flight 4590 at Paris, the British Airways Concorde operation made a net average profit of about £30m a year. Commercial service was resumed in November 2001 after a £17m safety improvement service, until the remaining aircraft were retired in 2003. The official investigation was
Concorde Agreement the agreement granted FOCA the right to televise Formula One races — this right was "leased" to Formula One Promotions and Administration, a company established and owned by Bernie Ecclestone. Another important element was the stability in rules, described as protecting the teams from "the whims of the governing body". It expired on 31 December 1987. The second Concorde Agreement governed the to seasons inclusive. The third Concorde Agreement covered the to seasons. In 1995 the FIA decided to transfer Formula One's commercial rights from FOCA to Formula One Administration for a 14-year period. In exchange, Ecclestone would provide an