Virgin Galactic's Plan for Survival Until 2026 and Beyond
Monday, 25 March 2024, 11:07
Five steps forward, one giant leap back
Virgin Galactic faces an 18-month revenue hiatus from mid-2024 to 2026 as it transitions focus to Delta spaceplane development.
What could go wrong -- and what if things go right?
Financial projections show Virgin Galactic needs to resume commercial flights in 2026 for financial sustainability amidst significant operating costs.
The upshot for investors: Operating costs forecasted to remain stable with revenue potential from new fleet critical to offsetting expenses and ensuring company longevity.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.