Branson Sees Year Delay to Virgin Galactic Spaceship After Crash

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Virgin Galactic Ltd.’s plans to launch commercial spaceflights will be put back by about 12 months after a fatal crash last year.

“There is going to be about a one-year delay,” billionaire owner Richard Branson said in a Bloomberg Television interview. The team for the space-tourism venture is working “day and night” on a replacement craft, he said. “They’re confident that they’re back on track.”