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Rloo COST £450,000

£3,000.000 EXPENDITURE RECOMMENDED

FIVE YEARS’ PROGRAMME

LONDON, Friday. At an address at a luncheon yesterisy during the inspection of airship RIOO her builder. Sir Dennis Burney, »id that at that moment she was •itting 100 guests and 30 tons of fuel. Her cost was £450,000, to which the Government had contributed £300,000 wd the Airship Guarantee Company “*d also spent £50,000 of its capital, vhich amounted to a heavy contribution toward aeronautical development. The Government could not expect engineering firms to make such contributions in the future. For example, ~® ®nn of Vickers had announced “tkt it did not intend to undertake •t'other similar contract. Sir Dennis said he considered the hovernment’s best course would be to •J down a five-years’ programme, ending an expenditure of £3,000,000. “ jt did so airships of real commercial '•me could be built.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/SUNAK19291130.2.63

Bibliographic details

Sun (Auckland), Volume III, Issue 834, 30 November 1929, Page 9

Word Count
140

Rl00 COST £450,000 Sun (Auckland), Volume III, Issue 834, 30 November 1929, Page 9

Rl00 COST £450,000 Sun (Auckland), Volume III, Issue 834, 30 November 1929, Page 9

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