Concorde's Nose Cone to Make Nice Wall Hanging

Andrew Lamberty, a 41-year-old British real estate magnate, has purchased the nose cone of a British Airways Concorde for roughly $160,000 with the intention of hanging it on his wall.

Lamberty told the London Evening Standard that he thought the price was a steal given that the piece of aviation history was valued at half a million dollars after the supersonic jets were permanently grounded. The previous owner, British Airways Museum Curator Paul Jarvis, had paid only $89,000 for the cone.

The Concorde stopped flying in 2003, three years after a crash in Paris had killed 113 and permanently taken bloom off the rose.

The Concordes' unusual profile, called a "Droop Nose" design, has remained iconic.

The Concorde was the epitome of both style and speed and the retirement of the planes left something of a void in the international airline fleet. There exists no plane so celebrated that is a destination unto itself.

Major airplane manufacturers are now eager to fill that Concorde shaped hole with newer, faster, and safer jets. Earlier this week Eads, which owns Airbus, introduced a Hypersonic concept jet that the company claims would make it from Paris to Tokyo in two-and-a-half hours, flying at speeds twice those reached by the Concorde.

"It is not a Concorde but it looks like a Concorde, showing that the aerodynamics of the 1960s were very smart," Eads Chief Technical Officer Jean Botti said in a speech at the Paris air show.

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