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)
“One set of messages of the society we live in is: Consume. Grow. Do what you want. Amuse yourselves. The very working of this economic system, which has bestowed these unprecedented liberties, most cherished in the form of physical mobility and material prosperity, depends on encouraging people to defy limits.”
—Susan Sontag (b. 1933)
“This [new] period of parenting is an intense one. Never will we know such responsibility, such productive and hard work, such potential for isolation in the caretaking role and such intimacy and close involvement in the growth and development of another human being.”
—Joan Sheingold Ditzion and Dennie Palmer (20th century)
“Mere human beings can’t afford to be fanatical about anything.... Not even about justice or loyalty. The fanatic for justice ends by murdering a million helpless people to clear a space for his law-courts. If we are to survive on this planet, there must be compromises.”
—Storm Jameson (1891–1986)
“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)