Monday, July 27, 2009

100 Years Ago

The first airplane to fly across the English Channel.



Bleriot took off early in the morning, in slightly foggy conditions, without so much as a compass. As a result of his flight, the Bleriot XI was probably the first airplane to be made in any volume in Europe.

He won a price of 1,000 British Pounds. Trying to figure out what that was worth in today's money is iffy, at bet, but it might be somewhat north of a half-a-million dollars, possibly twice that.
on or about

1 comment:

  1. Anonymous7/27/2009 2:22 PM

    Well, $1000.00 is worth 1646.10 dollars. Now, all we have to do is to figure out what a 1909 dollar would be worth today. Here is what Wiki says (besides to take it with a grain of salt)What cost $607.50 in 1909 would cost $14382.47 in 2008.
    Also, if you were to buy exactly the same products in 2008 and 1909,
    they would cost you $607.50 and $26.64 respectively.

    I don't have any idea, of course, what the exchange rate was in 1909. When I was in GB in 1987 a pound was worth a buck and a half. Now, a dollar is worth a pound and more than a half.

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