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Virgin Atlantic Licensing SpaceShipOne
Tigerquoll writes "According to the Australian Broadcasting Commission, British airline magnate Richard Branson has announced a plan for the world's first commercial space flights and has signed a technology licensing deal with Mojave Aerospace Ventures - the US company behind SpaceShipOne. See scaled composites' media release and the Virgin Galactic website"
How will be the insurance cost calculated ?
I mean, there are stats which help defining the cost of a plane travel insurance but there ain't such stats concerning commercial flights...
Trolling using another account since 2005.
If you look at the BBC article, the Virgin spacecraft design is to be called the VSS Enterprise!
Created on..............: Wed, May 08, 2002
Now there's some foward planning!
" If it is a success, we want to move into orbital flights and then, possibly, even get a hotel up there"
-Sir Richard Branson
From bbc
http://efil.blogspot.com/
This is the best news I've heard all year!
Since 7 AM, I feel like I'm living a book by Arthur C. Clarke. I've been waiting for this since I was a kid. I've just been repeating the company name over and over in my head:
Virgin Galactic Spacelines.
Wow.
Oh - and it seems they have a website...be sure to check it out!
The licensing deal with M.A.V. could be worth up to £14 million ($21.5 million) over the next fifteen years depending on the number of spaceships built by Virgin.
The development alone of the technology is predictably high:
It is expected that around £60 million ($100 million) will be invested in developing the new generation of spaceships and ground infrastructure required to operate a sub orbital space tourism experience.
The revenue for flights seems about what one would expect:
Over five years Virgin expects to create around 3000 astronauts and the price per seat on each flight, which will include at least three days of pre-flight training, are expected to start at around £115,000 ($190,000).
So, given all of these numbers, doesn't $21M for a license seem low?
-erick
http://www.busyweather.com/
After having spent 30 years of research in order to conquer the complexities of making
train carriages tilt while travelling along a curve at 150 miles/hour, and taking 15 minutes off the travel time, it's only
a small step to having reusable space craft running shuttle flights to and from Mars.
Vintage computer adverts: http://www.vintageadbrowser.com/computers-and-software-ads
Only if you are completely unfamiliar with the way the words `stunt' and `publicity' can be arranged into a well known phrase or saying.
Beardie can't even run a worthwhile train company.
_O_
.|< The named which can be named is not the true named
"Let's just hope that the space-flights stimulate some competition, unlike Concorde, because then the next goal would quickly become 'lunar city'..."
Fortunately for you, the Japanese have been eying this industry for quite some time. And quite frankly, I'm putting my money on the culture that presently makes: The world's fastest super computer, the most reliable cars, the most advanced communication technology, etc...
These guys are in it to win and Virgin won't be able to charge $190K because the Japanese will be there offering $185K, or some other competitive number that would make it cheaper to fly vial JAL to Tokyo instead of Virgin to London.
I've dirtied my hands writing poetry, for the sake of seduction; that is, for the sake of a useful cause. --Dostoevsky
I like Branson;
...
I have always thought of Branson as a "Nice Guy" yes, he has his finger in a few pies. But it seems to me that when he takes on a loss making public service (british transport ) and makes a good stab at turning it around for the better of the people.... I Just get the impression that his heart is in the right place. I will never forgive the lottery commision in the UK for not awarding it to branson; who promised that all of the money made from ticket sales would go to deserving causes rather than the percentage (whatever that is) that Camelot give away.
Nick
Electronic Music Made Using Linux http://soundcloud.com/polyp
If so, he plans pretty far in advance:
There is no sig, there is only Zuul.
Actually Virgin is not a discount airline, it's a traditional carrier with a simple network, and so greater control over its costs. As another poster has noted, Branson's competition is the entrenched large airlines such as BA and AA who had it their own way for too long.
Having said that, he doesn't seem to want to compete *too* hard - I just had a look at a flight LHR(28th)->JFK, overnight stay, return next day, cheapest seats: BA £860, Virgin £855 (cf American at £947).
The world has changed and we all have become metal men.