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Virgin Galactic set for final spaceflight before two-year pause

WASHINGTON: Virgin Galactic will make its final flight on Saturday before suspending operations for two years to upgrade its fleet as the company finally tries to  turn a profit.

The mission is scheduled to launch at approximately 8:30 a.m. Mountain Time (1430 GMT) from the company's headquarters at the New Mexico Spaceport. Drop the spaceplane from under its wings and climb at supersonic speeds to the edge of space, where passengers can enjoy a few minutes of weightlessness and marvel at the curvature of the Earth. 

One of them is Turkish Space Agency astronaut Tuva Atasever,  whose seat was purchased by another aerospace company Axiom, while the names of the other three will  be announced later. This will be the Turkish agency's seventh job. 

The company was founded in 2004 by British businessman Richard Branson in the new suborbital tourism business. Its main rival is Amazon.com Blue Origin, owned by  billionaire Jeff Bezos. 

In its place are two next-generation Delta ships currently under construction in Arizona, expected to conduct flight tests in 2025 and be commercialized in 2026. It faces risks. Virgin Atlantic has lost more than $100 million in  the past few months and had a net worth of $867 million at the end of March, 18% of its total population. Its shares are currently trading at 85 cents, down from $55 in 2021, when Branson announced to the world that he was boarding the plane. 

The company said the seats would cost $600,000, compared with four passengers currently, and that it expects to make as many as 125 flights a year,  hoping to recoup its fortune. Aerospace Galaxy investors can look forward to  a product that will generate significant revenue in the next 18 to 30 months, assuming all goes according to plan and without delays on Delta schedule. a reading guide. The parachute failed to  inflate, which would have delayed the next mission.


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