Virgin Galactic finishes lengthy spacecraft upgrades, plans Q2 commercial service

WASHINGTON :Virgin Galactic Holdings Inc has completed a lengthy upgrade period for its centerpiece tourist spacecraft, with commercial service on track to begin in the second quarter of 2023, the company said on Tuesday.

"Our near-term objective for commercial spaceline operations is to safely deliver recurring flights with our current ships while providing an unrivaled experience for private astronauts and researchers," Virgin Galactic Chief Executive Michael Colglazier said in a statement on the company's Q4 and year-end 2022 earnings.

Virgin Galactic is targeting monthly commercial missions after the Italian Air Force flight, a long-awaited cadence to handle the company's some 800 customers in line to fly.

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