Falling Dollar Leads To Rise In Space Vacation Prices | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date






Airborne On ANN

Airborne 11.23.15

Airborne 11.24.15

Airborne 11.25.15

Airborne 11.19.15

Airborne 11.20.15

Airborne Hi-Def On YouTube

Airborne 11.23.15

Airborne 11.24.15

Airborne 11.25.15

Airborne 11.19.15

Airborne 11.20.15

EAA/ANN AirVenture Innovation Preview

AIP-#1 Vimeo

AIP-#2 Vimeo

AIP-Part 1 YouTube

AIP-Part 2 YouTube

Thu, Jul 19, 2007

Falling Dollar Leads To Rise In Space Vacation Prices

Competition For Space On A Soyuz For NASA Will Also Be Fierce

Blame it on the weak US dollar. The cost of a trip to the International Space Station on board a Russian Soyuz spaceship early this year was $25 million. Trips planned in 2008 and 2009 will cost between $30 million and $40 million.

"It's mostly because of the fallen dollar," Eric Anderson, president and chief executive officer of Space Adventures, said Wednesday. The company brokers trips with Russia's space agency.

Currently the US dollar is worth about 25 Russian rubles, reports the Associated Press, compared with 32 rubles in 2002.

There are about 12 people scheduled to go through the process of reserving flights to the space station. So far, the company has arranged five trips at $20 million to $25 million a pop. There are two more seats available for 2008 and 2009.

Prospective space tourists must pass a barrage of physical examinations and undergo extensive training at a Russian space facility. Oh, and put down a 20 percent deposit, too.

After the shuttles are grounded in 2010, the National Aeronautics and Space Administration will rely on the Soyuz flights to get astronauts to the space station and the crew capacity on the space station will grow from three to six in 2009. This will increase the competition for the one of the three seats aboard the Soyuv vehicles.

"We're certainly working out ways to get more seats," Anderson said. "With the competition at that point, it becomes more difficult."

FMI: www.spaceadventures.com, www.nasa.gov


More News

Airborne 11.25.15: Blue Origin Reusable Rocket!, AMA Reacts, Transgender Pilots

Also: UK CAA, E-Fest 2015, Citizens In Space, Gulfstream G500, Dassault Falcon Jet, CFM LEAP-1A, Tuskegee's Milton Crenchaw ANN Airborne Link: /index.cfm?do=video.playVideo&vid>[...]

Klyde Morris (11.20.15)

Klyde Is SO Ready For An Upgrade... FMI: www.klydemorris.com>[...]

FlightSafety International Further Enhances Gulfstream G650 Training

Simulator Upgrades Include Autobrake Systems For Initial And Recurrent Training FlightSafety continues to enhance its Gulfstream G650 training program with upgrades to the simulato>[...]

Spirit Begins Production Of First Production RAAF P-8A

Aircraft Scheduled For Delivery In Early 2016 Spirit AeroSystems Inc. has begun production of the Royal Australian Air Force's (RAAF) first production P-8A aircraft. Spirit started>[...]

Aero-News: Quote Of The Day (11.30.15)

"ICARUS is going to revolutionize how we approach pilot training. It provides experience to student pilots that we cannot provide right now outside of a simulator. This product wil>[...]

blog comments powered by Disqus





© 2007 - 2015 Web Development & Design by Pauli Systems, LC