Virgin Galactic delays commercial space flights again

Virgin Galactic is once again delaying its commercial service, shifting the expected launch of well-to-do space tourists from the first three months of 2023 to Q2, amid widening losses for the business.with investors yesterday, CEO Michael Colglazier blamed the delay on supply-chain woes and labor shortages, which he said disrupted"the complex work" needed to prepare the craft for operation.

The CEO added that"despite our best efforts, progress on our enhancement program in Mojave, particularly the complex work to prepare need for commercial service, is taking longer than we planned."

Next step: lay off 20% of staff and release a press statement that the company will now focus on near orbit cargo and freight transportation

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