Expected Economic Growth of Space Tourism
A 2010 report from the Federal Aviation Administration, titled "The Economic Impact of Commercial Space Transportation on the U. S Economy in 2009", cites studies done by Futron, an aerospace and technology-consulting firm, which predict that space tourism could become a billion-dollar market within 20 years. In addition, in the decade since Dennis Tito journeyed to the International Space Station, eight private citizens have paid the $20 million dollar fee to travel to space. Space Adventures suggests that this number could increase fifteen-fold by 2020. These figures do not include other private space agencies such as Virgin Galactic, which as of 2012 has sold 500 tickets worth $200,000 dollars each. Its ticket sales are expected to increase by the year 2013, when Virgin Galactic expects to begin flights.
Read more about this topic: Space Tourism
Famous quotes containing the words expected, economic, growth, space and/or tourism:
“If there is any country on earth where the course of true love may be expected to run smooth, it is America.”
—Harriet Martineau (1802–1876)
“A society which is clamoring for choice, which is filled with many articulate groups, each urging its own brand of salvation, its own variety of economic philosophy, will give each new generation no peace until all have chosen or gone under, unable to bear the conditions of choice. The stress is in our civilization.”
—Margaret Mead (1901–1978)
“The idealists dream and the dream is told, and the practical men listen and ponder and bring back the truth and apply it to human life, and progress and growth and higher human ideals come into being and so the world moves ever on.”
—Anna Howard Shaw (1847–1919)
“Stars scribble on our eyes the frosty sagas,
The gleaming cantos of unvanquished space . . .”
—Hart Crane (1899–1932)
“In the middle ages people were tourists because of their religion, whereas now they are tourists because tourism is their religion.”
—Robert Runcie (b. 1921)