The Pros And Cons Of Flying The Concorde

The National Aeronautics and Space Administration (NASA) is perhaps the most well known space agency in the world. Since its formation in 19581, it has pioneered in space science, yet is also renowned for its large budget. NASA has the highest budget of any space agency, $18.6 billion2 in 2015, the equivalent of every American paying $54 towards the agency3, meaning 0.14% of total GDP is spent on NASA3 . This money is spent on the ISS, sending astronauts, probes and satellites into space, astrophysics and planetary science research, maintaining and developing NASA’s space telescopes (the Wide Field Infrared Survey telescope searching for dark energy and exoplanets, the James Webb Space Telescope and the Hubble Space Telescope) and developing spacecraft2. Space exploration is an incredibly expensive process with one shuttle launch costing $450 million4 however NASA’s colossal budget benefits the USA greatly; the agency employs 18,000 people5 as astronauts, engineers, scientists and teachers and G. Scott Hubbard, former director of the NASA Ames Research Center estimates that every dollar spent on NASA returns $8 to the economy6.While this figure is an estimate, it demonstrates NASA’s worth and capacity for money making. NASA works on pioneering research and as its patents and licenses return to the US treasury, it

The Golden Age of Aviation is considered to be the 20-year period between the end of World War I and the beginning of World War II and was the pinnacle of aviation excitement. It was a time when there were few regulations, airplanes had character, and pilots were heroes. Between 1919 and 1939, diversity was more prevalent and acceptable in the field of aviation than throughout society. Laura Ingalis made the first transcontinental flight by a woman in 1930 and in 1932, pilot Herman Banning and mechanic Thomas Allen became the first black aviators to fly coast-to-coast. Their journey took 21 days to complete because they had to panhandle for money to make each leg of the flight. After WWI, crossing the Atlantic by plane became an obsession.

The Space Race was a time of great exploration, and created many new techniques in the studies of science and technology. Many new techniques of engineering and technological advances resulted as positives of the Space Race. The cause of this great exploration and learning was fueled by rivalry and competitiveness of two governments, the Soviet Union and The United States. The Soviet Union and the United States were in a race to see which could reach space supremacy first. This rivalry unfolded in front of millions of spectators, and instilled a sense of competiveness into the viewers. During the mid nineteen-sixties, the achievements of the United States space program caused them to leap ahead of the Soviet Union space program, which was very unexpected. The achievements by the United States during the Space Race in the nineteen-sixties created a gap in space exploration between the Soviet Union space program and the United States space program because the United States was able extremely motivated by government forces and was able to achieve great technological advances in their space crafts.

As I have mentioned so many times in my previous posts, I'm so into watching and reading up on Apollo 13 mission which goes back to 1970.

When analyzing investment decisions, we did not consider in any detail the largest investment decisions that most firms make, i.e., their acquisitions of other firms. Boeing’s largest investment of the last decade was not a new commercial aircraft but its acquisition of McDonnell Douglas in 1996. At the time of the acquisition, Boeing's managers were optimistic about the merger, claiming that it would create substantial value for the stockholders of both firms. What are the principles that govern acquisitions? Should they be judged differently from other investments?

Proposed by John F. Kennedy to Congress on May 25, 1961, the Apollo Program, or “Project Apollo,” was the US National Aeronautics and Space Administration’s third exploratory program and the first project worldwide to attempt the tremendous endeavor putting a man on the moon. After sufficient studying over a five year period, the first flight, unmanned, was launched in 1966. Two years later, the first flight with a crew took place (Apollo 7, October 1968). Overall, the project sent up 19 spacecrafts using multiple launch vehicle designs. It achieved a fairly positive rate of 16 successes to three failures (total and partial). The best known flights of the program are the tragedy of Apollo 13 and the first manned moon landing with Apollo 11.

I was very surprised at the amount of research that has been done when it comes to the Apollo missions. It is was interesting to trying to find certain discovers that I could talk about that would make sense. There were some questions that Apollo was trying to answer from the one of the sources I found. They wanted to know the structure of the lunar interior, composition, and events about the moon and how it has gotten to where it is now. In trying to find a motivation behind the Apollo missions I found from one of my sources about how President Kennedy when he heard about the Soviet Union launching a satellite he said we need to get into space. The reason behind why we should into space is so that we could show America’s Leadership. Finally,

Apollo Missions Reap Future Rewards for World Space travel and exploration have always fascinated mankind. Humans have imagined travelling to space, the moon, and beyond, since first gazing through a telescope, seeing the stars and planets. Early in our history, it was beyond belief that a human may actually someday travel through space or walk on another planet. Yet, we dared to dream and accomplished exactly that. On July 20, 1969 at 4:18 p.m. Eastern Standard Time, American Neil Armstrong from the Apollo 11 mission became the first man to step on the surface of the moon (NASA, “July 20, 1969”).

The Hindenburg disaster of 1937 changed the world of air travel in the 30’s. From a world with airships commonly and widely used to them almost non-existent.

NASA(National Aeronautic and Space Administration) Is america’s space program but we also have another private company called SpaceX which is owned by Elon Musk. The average Nasa space shuttle launch ran about 1.2 billion dollars. Yet, a rocket launch from SpaceX’s largest rocket costs about 90 million dollars While this is still a considerable amount of money it is still a fraction of what the space shuttle would use. Even Nasa new rocket that they are developing will cost a projected 500 million dollars per launch. Another thing that makes SpaceX’s rockets so cheap is that they have recently became reusable as of June 25,2015. Nasa has been surrounded in controversy since the first moon landing. People believe it was faked by the government

The Hindenburg was a german made Zepplin which was a large airship that flew because it was filled with hydrogen gas. The Hindenburg exploded over Lakehurst, New Jersey when the hydrogen gas leaked creating a fire causing many people to perish. On May 6, 1937 the Hindenburg arrived at Lakehurst, New Jersey they planned to land at 6:00 AM, but when they arrived they found that whether conditions were too harsh at the airfield. Nobody expected a zeppelin to explode, because they had a perfect track record for thirty years straight. The Hindenburg’s final journey started in Frankfurt, Germany, and it all ended in Lakehurst, New Jersey. They had no trouble until Lakehurst, and there they faced a storm and strong headwinds.

In the article, “Beware of the Concorde Fallacy,” the British and French continued the support of Supersonic Transport Aircraft’s even though they had tremendous cost over runs and caused economic reason. Every company needs to spend money to make money and those start up costs for companies are considered sunk costs because you cannot get that money back. The expenses that are paid are permanently gone which make it a sunk cost. In my definition a sunk cost is the time and money that is gone that is gone from past experiences. In my life I first thought about all the past sports I have played. I competed in football and wrestling. In those sports I devoted a lot of time and money to making myself better in each of those sports. All the time

Airbus predicts that there would be demand for more than 1500 super jumbos over the next 20 years that would generate sales in excess of $350 billion. And they could sell as many as 750 over jumbos over the next 20 years with a break even on undiscounted cash flow basis with the sales of only 250 planes. There is a huge profit in this business if Airbus succeeds in the industrial launch of A3XX jumbo jets.

Jetstar Airways is an Australian low-cost airline headquartered in Melbourne, Australia.[3][4] It is a subsidiary of Qantas, created in response to the threat posed by low-cost airline Virgin Blue (now known as Virgin Australia). The airline operates an extensive domestic network as well as regional and international services from its main base at Melbourne Airport,[5] using a mixed fleet of Airbus A320 family and Airbus A330 aircraft. Parent company Qantas also has stakes in sister companies Jetstar Asia Airways and Valuair in Singapore, Jetstar Pacific Airlines in Vietnam and the new Japanese carrier Jetstar Japan. Jetstar shares its parent's strong competition with Australia's biggest low-cost carrier Virgin Australia. Both Tiger

In examining the history of aviation in the U.S. and the development of the airlines, it is clear that the Federal Government played a vital role in the development of both. Historical records clearly show that this involvement by the Federal Government was critical in getting them established and in helping to develop them into the globally dominant enterprises they are today. Furthermore, it can be easily argued that U.S. aviation as a whole, and the airlines in particular, would not be where they are today without this direct involvement by the Federal Government and some of the very specific actions that it has taken to keep them relevant and competitive during the most dire of times. The Federal Government ensured that U.S. aviation and its airlines would develop and achieve a worldwide leadership role by becoming involved in three major ways: through funding, legislation, and policy setting.