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 -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.22.24

Airborne-Unlimited-04.16.24

Airborne-FlightTraining-04.17.24 Airborne-AffordableFlyers-04.18.24

Airborne-Unlimited-04.19.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
www.airborne-live.net

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

Airbus Racer Helicopter Demonstrator First Flight Part of Clean Sky 2 Initiative

Airbus Racer Demonstrator Makes Inaugural Flight Airbus Helicopters' ambitious Racer demonstrator has achieved its inaugural flight as part of the Clean Sky 2 initiative, a corners>[...]

Diamond's Electric DA40 Finds Fans at Dübendorf

A little Bit Quieter, Said Testers, But in the End it's Still a DA40 Diamond Aircraft recently completed a little pilot project with Lufthansa Aviation Training, putting a pair of >[...]

ANN's Daily Aero-Term (04.23.24): Line Up And Wait (LUAW)

Line Up And Wait (LUAW) Used by ATC to inform a pilot to taxi onto the departure runway to line up and wait. It is not authorization for takeoff. It is used when takeoff clearance >[...]

NTSB Final Report: Extra Flugzeugbau GMBH EA300/L

Contributing To The Accident Was The Pilot’s Use Of Methamphetamine... Analysis: The pilot departed on a local flight to perform low-altitude maneuvers in a nearby desert val>[...]

Classic Aero-TV: 'Never Give Up' - Advice From Two of FedEx's Female Captains

From 2015 (YouTube Version): Overcoming Obstacles To Achieve Their Dreams… At EAA AirVenture 2015, FedEx arrived with one of their Airbus freight-hauling aircraft and placed>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC