Virgin Galactic to delay commercial space travel service until Q4 2022
Space exploration company Virgin Galactic Holdings Inc said on Thursday it is delaying its commercial space travel service to the fourth quarter of 2022 and will not conduct another planned test flight this year.
Virgin Galactic said “commercial service is now expected to commence in Q4 2022.” Shares in the company fell 13% in afterhours trading.
The US Federal Aviation Administration (FAA) on Sept. 2 had barred Virgin Galactic from flying its SpaceShipTwo pending completion of a report into the flight of the Virgin Galactic rocket plane that carried British billionaire Richard Branson to the edge of space.
