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 09.29.14 ** HD iPad-Friendly -- Airborne 09.29.14**
** Airborne 09.26.14 ** HD iPad-Friendly -- Airborne 09.26.14 **
** Airborne 09.24.14 ** HD iPad-Friendly -- Airborne 09.24.14 **

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

Advertisement

More News

Airborne 09.29.14: Young Eagle Tragedy, Overdue Hoover Honors, Paperplane Record

Also: Low-Flying F16, UAVs For The Movie, Aerobatic Pilot Bails Out, Bombardier Safety Stand Down, MVP Takes On The World We are sad to report that a Young Eagle flight went down o>[...]

Airborne 09.29.14: Young Eagle Tragedy, Overdue Hoover Honors, Paperplane Record

Also: Low-Flying F16, UAVs For The Movie, Aerobatic Pilot Bails Out, Bombardier Safety Stand Down, MVP Takes On The World We are sad to report that a Young Eagle flight went down o>[...]

Airborne 09.26.14: A320neo First Flight, Aspen ESV Trial, Garmin Flies G5000

Also: Sea Lynx Grounding, AEA's Ric Peri On FAR 145, Union v Allegiant, Wingboarding--Anyone? Things went off as planned in Toulouse, France yesterday morning when the A320neo made>[...]

ANN's Daily Aero-Linx (09.30.14)

DOT Rule for Passengers Traveling with Lithium Batteries The issue has come to the forefront as more people may soon begin traveling with small UAVs, most of which are powered by t>[...]

ANN's Daily Aero-Term (09.30.14): Filed En Route Delay

Any of the following preplanned delays at points/areas along the route of flight which require special flight plan filing and handling techniques.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC