Virgin Galactic launches (on the New York Stock Exchange)

Public investors now able to buy shares as Sir Richard Bransons space tourism venture seeks funds for takeoff Virgin Galactic has taken a giant leap towards space as shares in the billionaire Sir Richard Bransons space tourism venture started trading on the New York Stock Exchange. Public investors are now able to buy shares under the stock market ticker symbol SPCE in the human spaceflight company which is betting that enough wealthy tourists will pay the $250,000 (195,000) ticket price to justify investments worth hundreds of millions of dollars. rocket company founded by Elon Musk, the chief executive of electric carmaker Tesla, and Blue Origin, the company owned by the Amazon founder Jeff Bezos, which aims to talks with the …

British Airways cancels virtually all flights on day one of pilot strike

More walkouts planned over pay dispute, with no resolution in sight The start of a 48-hour walkout by British Airways pilots forced the national carrier to cancel virtually all flights on Monday, with no sign of a resolution ahead of more planned strikes. Heathrow Terminal 5, BAs main operating hub, was almost deserted, when it would normally be bustling with passengers. BA carries about 145,000 passengers on an average day. Only five BA flights were expected to operate out of about 800 that would normally be scheduled after its first ever strike, called by the union Balpa in a long-running pay dispute. Two of the flights were leases, where the plane and crew are hired under another operator, and the …