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Virgin Galactic Resumes Space Travel Sales for Over $ 450,000 | Work

The Virgin Galactic space flight ticket window has reopened, starting at $ 450,000 per seat.

The space travel company said Thursday that it is making progress towards the start of next year’s profitable flight. We sell single seats, package deals and entire flights.

Virgin Galactic announced the product on Thursday after reporting that it lost $ 94 million in the second quarter due to high overhead and selling expenses. The company generated $ 571,000, which is barely enough to cover one seat on future flights.

The company’s most notable recent achievements were founded by the founders after the end of the quarter last month. Richard Branson and five crew members soared 53.5 miles (86 kilometers) above the New Mexico Desert.

CEO Michael Colglazier said the company resumed sales on Thursday to take advantage of Branson’s post-flight consumer interest. Defeat rival billionaire Jeff Bezos and his Blue Origin ship In space by the 9th.

Based in Las Cruces, New Mexico, the company received regulatory approval in June to fly people into space.

Virgin Galactic said the “Early Hand Laser” will prioritize seat reservations and create a separate list for new customers.

The company’s next space flight is scheduled for late September in New Mexico with the Italian Air Force.

Virgin Galactic said the quarter ended with a total of $ 552 million in cash and equivalents.

The results were announced after the stock market was closed. The company’s stock rose nearly 5% in overtime trading.

Copyright 2021 AP communication. all rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.



Virgin Galactic Resumes Space Travel Sales for Over $ 450,000 | Work

Source link Virgin Galactic Resumes Space Travel Sales for Over $ 450,000 | Work

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