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:
“English life, while very pleasant, is rather bland. I expected kindness and gentility and I found it, but there is such a thing as too much couth.”
—S.J. Perelman (1904–1979)
“America is no place for an artist: to be an artist is to be a moral leper, an economic misfit, a social liability. A corn-fed hog enjoys a better life than a creative writer, painter, or musician. To be a rabbit is better still.”
—Henry Miller (1891–1980)
“It is in the comprehension of the physically disabled, or disordered ... that we are behind our age.... sympathy as a fine art is backward in the growth of progress ...”
—Elizabeth Stuart Phelps (1844–1911)
“What a phenomenon it has been—science fiction, space fiction—exploding out of nowhere, unexpectedly of course, as always happens when the human mind is being forced to expand; this time starwards, galaxy-wise, and who knows where next.”
—Doris Lessing (b. 1919)
“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)