Air France, BA to retire Concorde by Oct. 31

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WASHINGTON -- British Airways and Air France, citing an increase in maintenance costs and a decrease in passengers, are retiring the world's only supersonic passenger aircraft after nearly three decades of flight.

Air France said it will stop flying the Concorde May 31 and will retire it officially Oct. 31. British Airways also will officially retire the aircraft Oct. 31, with its last flight taking off Oct. 25 from New York to London.

In the short term, however, 1,000 travelers will be able to obtain what, for the Concorde, amounts to a good deal. British Airways launched a first-come, first-served "Once in a Lifetime" sale April 10 at prices that range from $2,999 one-way economy to $5,499 one-way first class.

Tickets must be purchased by April 17 for outbound travel by Sept. 6.

British Airways said its decision marked the "end of an era" for an aircraft that flies at twice the speed of sound and shortens transatlantic flight times to under four hours.

British Airways has carried more than 2.5 million passengers on the aircraft since it began flying the Concorde in 1976. But Rod Eddington, the airline's chief executive, said retiring the aircraft is a "prudent business decision."

British Airways said it cannot justifying the aircraft's expense "in the face of falling revenue caused by a global downtown in demand for all forms of premium travel in the airline industry."

At Air France, chairman Jean-Cyril Spinetta said "operating the Concorde has become a severely and structurally loss-making operation." Air France also began flying the Concorde in 1976.

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