http://www.profindpages.com/news/2004/09/27/MN402.htm
Branson wants to have Virgin in Space by 2007
(27.09.2004)
Sir Richard Branson has announced that the Virgin Group have set up a special company to offer commercial space flights by the year 2007.
The investment costs for this new project are expected to reach around $100 million. However, with the interest in Space flight increasing, there should be no shortage of customers willing to pay an expected $200,000 for a trip.
Each flight is expected to take around 5 passengers and the journey will last from 2-3 hours.
Initially, the flights offered by "Virgin Galactic" will only be provided from the United States and Branson predicts that 3000 people will buy tickets for the flights over the first 5 years. The cost of the flight will also include a few days of flight training.
With the investment costs not especially high and the cost of a trip well within the price range of many successful business people, the venture looks as if it will be a profitable one. No doubt, as the service is developed, the cost will fall and make this experience available to a much wider market.
For those who perhaps thought that Space travel would never be possible in their lifetime, unless they were one of the elite few, it seems that they have a real chance to make their dreams come true.
Once again, Branson and the Virgin Group will be boldly going where no commercial company has gone before. May the force be with them!
Branson wants to have Virgin in Space by 2007
(27.09.2004)
Sir Richard Branson has announced that the Virgin Group have set up a special company to offer commercial space flights by the year 2007.
The investment costs for this new project are expected to reach around $100 million. However, with the interest in Space flight increasing, there should be no shortage of customers willing to pay an expected $200,000 for a trip.
Each flight is expected to take around 5 passengers and the journey will last from 2-3 hours.
Initially, the flights offered by "Virgin Galactic" will only be provided from the United States and Branson predicts that 3000 people will buy tickets for the flights over the first 5 years. The cost of the flight will also include a few days of flight training.
With the investment costs not especially high and the cost of a trip well within the price range of many successful business people, the venture looks as if it will be a profitable one. No doubt, as the service is developed, the cost will fall and make this experience available to a much wider market.
For those who perhaps thought that Space travel would never be possible in their lifetime, unless they were one of the elite few, it seems that they have a real chance to make their dreams come true.
Once again, Branson and the Virgin Group will be boldly going where no commercial company has gone before. May the force be with them!
no subject
Date: 2004-09-27 04:42 pm (UTC)My parents, who were born in the Eisenhower administration, could be taking a Space Cruise for their 40th wedding anniversary.
I'm exceptionally hopeful.
no subject
Date: 2004-09-27 07:26 pm (UTC)We don't need this type of consumptive and excessive tourism.
People need to learn to entertain themselves.
Now, if this could be legitimately justified through research....
no subject
Date: 2004-09-27 07:35 pm (UTC)no subject
Date: 2004-09-27 07:57 pm (UTC)no subject
Date: 2004-09-28 02:55 am (UTC)no subject
Date: 2004-10-05 11:06 pm (UTC)In 1950, commerical airplane flights were only for the wealthy, now anybody can afford to cross the globe with cheap airfare. With private industry in space flight, we will be able to vacation on the moon in 60 years.
Burt Rutan, Paul Allen and Richard Branson will be in the history books for the next 200 years.
Just a quick comment on taxing the rich... only a few responsible wealthy people share their wealth to make life better for all. High taxes on the rich is justified, but give them huge tax credits when they do the right things for society
thank you
A fan of Paul Allen?
Date: 2004-10-09 04:41 am (UTC)Burt Rutan has always been my hero, but I never realized that someone like Paul Allen would come along and write the right check. Wow I'm extremely impressed with both of them.