Virgin Galactic searching for profits outside of space tourism
Not a surprise: After almost two decades of development and no commercial suborbital tourism flights, the new management of Virgin Galactic (with Richard Branson having sold off his majority shares) is now searching for other ways to make money with its assets.
Among them, renting out the WhiteKnightTwo (WK2) launch support aircraft for government or private businesses to use for science, research, and national security applications. There’s just one problem: Legally it cannot do that.
Because WhiteKnightTwo is considered an experimental aircraft by the Federal Aviation Administration using it in this manner would be a violation of 14 CFR 91.319(a)(2), which states that “no person may operate an aircraft that has an experimental certificate – (1) For other than the purpose for which the certificate was issued; or (2) Carrying persons or property for compensation or hire.” In a filing made Tuesday The Space Company and Virgin Galactic jointly petitioned for exemption from the regulations.
It appears the new management is recognizing that the suborbital tourism market is weak (with the coming of orbital tourism), and needs to shift gears, any way it can.
Not a surprise: After almost two decades of development and no commercial suborbital tourism flights, the new management of Virgin Galactic (with Richard Branson having sold off his majority shares) is now searching for other ways to make money with its assets.
Among them, renting out the WhiteKnightTwo (WK2) launch support aircraft for government or private businesses to use for science, research, and national security applications. There’s just one problem: Legally it cannot do that.
Because WhiteKnightTwo is considered an experimental aircraft by the Federal Aviation Administration using it in this manner would be a violation of 14 CFR 91.319(a)(2), which states that “no person may operate an aircraft that has an experimental certificate – (1) For other than the purpose for which the certificate was issued; or (2) Carrying persons or property for compensation or hire.” In a filing made Tuesday The Space Company and Virgin Galactic jointly petitioned for exemption from the regulations.
It appears the new management is recognizing that the suborbital tourism market is weak (with the coming of orbital tourism), and needs to shift gears, any way it can.