Extra-Large Airplane For Sale ... Flown Once | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.01.24

Airborne-Unlimited-04.16.24

Airborne-FlightTraining-04.17.24 Airborne-Unlimited-04.11.24

Airborne-Unlimited-04.12.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
www.airborne-live.net

Wed, Jun 19, 2019

Extra-Large Airplane For Sale ... Flown Once

Vulcan Is Looking For A Buyer For The Stratolaunch Aircraft

The Stratolaunch aircraft, developed to launch small payloads into space from a conventional runway, is being offered for sale by Vulcan, the holding company founded by the late Paul Allen.

Stratolaunch, which has flown once, is being offered for $400 million. The price includes the airplane, intellectual property, and associated facilities, according to a report from CNBC.

Neither Stratolaunch or Vulcan would comment on the rumors of a proposed sale, saying that the company "remains operational. We will provide an update when there is news to share."

But the company has been downsizing during the first half of this year, and much of the workforce has been laid off even with a valid contract to launch a small rocket for Northrop in 2020. Reuters reported last month that the company is in the process of closing down.

CNBC said there are several potential buyers for the world's-largest airplane, including Elon Musk, Jeff Bezos and Sir Richard Branson. Branson's Virgin Galactic and The Spaceship Company use technology similar to that used in the Stratolaunch system, and all have a pedigree that can be traced to Scaled Composites ... so at least some insiders believe that Virgin might be at the top of the list.

But Branson is not interested in paying $400 million for the airplane, according to a person familiar with the situation. Branson reportedly said he'd buy Stratolaunch for $1 ... yes, that's one dollar.

(Image from file)

FMI: Source report

Advertisement

More News

ANN's Daily Aero-Linx (04.15.24)

Aero Linx: International Flying Farmers IFF is a not-for-profit organization started in 1944 by farmers who were also private pilots. We have members all across the United States a>[...]

Classic Aero-TV: 'No Other Options' -- The Israeli Air Force's Danny Shapira

From 2017 (YouTube Version): Remembrances Of An Israeli Air Force Test Pilot Early in 2016, ANN contributor Maxine Scheer traveled to Israel, where she had the opportunity to sit d>[...]

Aero-News: Quote of the Day (04.15.24)

"We renegotiated what our debt restructuring is on a lot of our debts, mostly with the family. Those debts are going to be converted into equity..." Source: Excerpts from a short v>[...]

Airborne 04.16.24: RV Update, Affordable Flying Expo, Diamond Lil

Also: B-29 Superfortress Reunion, FAA Wants Controllers, Spirit Airlines Pulls Back, Gogo Galileo Van's Aircraft posted a short video recapping the goings-on around their reorganiz>[...]

ANN's Daily Aero-Term (04.16.24): Chart Supplement US

Chart Supplement US A flight information publication designed for use with appropriate IFR or VFR charts which contains data on all airports, seaplane bases, and heliports open to >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC