Branson family to make first trip as space tourists
Source: BI-ME with AFP , Author: Posted by BI-ME staff
Posted: Wed July 11, 2012 6:57 pm

INTERNATIONAL. British tycoon Richard Branson said Wednesday that he and his family will be the first on board his new Virgin Galactic space tourism programme.

Outlining his plans at Farnborough Air Show, Branson said he and his son Sam and daughter Holly hoped to make the journey on the SpaceShipTwo (SS2) aircraft by the end of 2013.

The WhiteKnightTwo aircraft that will help launch SS2 into space will also be used for a new launch vehicle, LauncherOne, which will take small satellites into space for around a tenth of the present cost, Branson said.

"Next year Holly and Sam will be joining me for a first voyage into space," he told a press conference at the show southwest of London.

"Going into space is a hard business. It keeps my mind buzzing."

Around 120 people have already signed up to make the 60-mile, two-hour journey into space -- at a cost of £128,000 (US$200,000) each.

Branson added: "Virgin Galactic's goal is to revolutionise the way we get to space."

LauncherOne is expected to begin operations in 2016 and can carry up to 227 kilos (500 pounds) of weight.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 21, 2014
UAE. Nearly 60% of families-run businesses globally are struggling to find external finance; KPMG identifies HNWIs as a highly underutilised route for investment.
date:Posted: September 21, 2014
INTERNATIONAL. Against the backdrop of a rising dollar, uneven developments in global economic growth and interest rates commodities suffered broad-based selling across most sectors.
date:Posted: September 21, 2014
UAE. Average residential rents dipped marginally by 1% during Q3 this year; Office rents across the CBD area remained unchanged while secondary locations grew by 3% quarter-on-quarter; Average villa rents have witnessed a single digit growth of around 8%.
dhgate