Articles tagged “virgin galactic”

Virgin Galactic Celebrates a Year of Milestones in the Race to Space Tourism

Virgin Galactic Celebrates a Year of Milestones in the Race to Space Tourism

Associated Press

The company seems to be inching closer to actually launching commercial flights, though it still won't commit to a launch date. Many expect 2020 will be the year, but space tourism is an industry that hits a lot of snags.

5 days ago

Virgin Galactic Struggles Since Its Public Takeoff

Virgin Galactic Struggles Since Its Public Takeoff

Justin Bachman, Bloomberg

This venture may be a little ahead of its time. Investors don't have much confidence that space tourism will gain traction anytime soon. Can you really blame them? It's space tourism.

1 month ago

Richard Branson Has Big Plans for Virgin’s Travel Brands in 2020

Richard Branson Has Big Plans for Virgin’s Travel Brands in 2020

Christopher Jasper, Bloomberg

While Richard Branson and the Virgin Group have had attempted to break into many industries over the years, travel has remained an enduring part of the business. This looks to continue with cruises, hotels, and space tourism as key areas of focus.

2 months ago

Boeing Bets on Space Tourism By Pumping $20 Million Into Virgin Galactic

Boeing Bets on Space Tourism By Pumping $20 Million Into Virgin Galactic

Associated Press

Boeing has plenty of money, so it might as well invest a tiny bit of it in space travel. We'll know the aircraft manufacturer is serious about space tourism when it invests billions, not $20 million.

2 months ago

Virgin Galactic Reveals Its Space Base But Not Its Launch Timing

Virgin Galactic Reveals Its Space Base But Not Its Launch Timing

Justin Bachman, Bloomberg

Champagne and caviar? Check. Barista island? Check. Scheduled flights? Richard Branson will get back to you. Space tourism has been an endlessly delayed launch, after all.

4 months ago

The Race to Space Speeds Up With Virgin Galactic’s Listing

The Race to Space Speeds Up With Virgin Galactic’s Listing

Thomas Seal, Christopher Jasper and Justin Bachman, Bloomberg

Richard Branson has been trying to get to space since 2004, when he first founded Virgin Galactic. While the company's move to publicly list the company takes things up a notch, it certainly doesn't guarantee this idea won't remain a true moonshot.

5 months ago

Virgin Galactic Plans to Go Public

Virgin Galactic Plans to Go Public

Angus Whitley, Bloomberg

The reported deal will fund the company until it can operate and make a profit. The problem is one or even both of those could be a long way off.

5 months ago

Space Tourism Could Be the Ultimate Adventure Trip for Travel Advisors

Space Tourism Could Be the Ultimate Adventure Trip for Travel Advisors

Maria Lenhart, Skift

With Virgin Galactic's suborbital flights expected to begin at long last, space tourism could soon take off as a niche for travel advisors. Those already involved caution that it takes patience, training, and commitment.

6 months ago

Virgin Galactic Could Fly Customers to Space as Soon as This Year

Virgin Galactic Could Fly Customers to Space as Soon as This Year

Justin Bachman, Bloomberg

Virgin Galactic already has about 700 customers willing to pay $250,000 for a 90-minute flight. That's remarkable, right?

7 months ago

Space Tourism Could Be Big for Travel Industry

Space Tourism Could Be Big for Travel Industry

Sam Unsted, Bloomberg

For this to happen, the cost of space travel will have to fall enough that more than just the ultra-wealthy can afford it.

9 months ago

Virgin Galactic Clears a Hurdle in Space Tourism Race

Virgin Galactic Clears a Hurdle in Space Tourism Race

John Antczak, Associated Press

Virgin Galactic, Richard Branson's private space company, scored a long-elusive win this week with a successful trip to the edge of space. Branson says in three years he'll be up there. But given a record of delays, we're not holding our breaths.

12 months ago

Virgin Galactic Moves Closer to Shuttling Tourists to Space After Test Flight

Virgin Galactic Moves Closer to Shuttling Tourists to Space After Test Flight

Associated Press

It counts as progress that nobody died when Virgin Galactic tested its rocketship this time. It's still unclear when, if ever, expensive suborbital flights will become a reality for wealthy vacationers, especially considering the demonstrable safety risks.

2 years ago