Tag Archives: AER

SpaceX lands NASA launch contract for mission to Jupiter’s moon Europa

SpaceX’s Elon Musk gives an update on the company’s Mars rocket Starship in Boca Chica, Texas U.S. September 28, 2019. REUTERS/Callaghan O’Hare

LOS ANGELES, July 23 (Reuters) – Elon Musk’s private rocket company SpaceX was awarded a $178 million launch services contract for NASA’s first mission focusing on Jupiter’s icy moon Europa and whether it may host conditions suitable for life, the space agency said on Friday.

The Europa Clipper mission is due for blastoff in October 2024 on a Falcon Heavy rocket owned by Musk’s company, Space Exploration Technologies Corp, from NASA’s Kennedy Space Center in Florida, NASA said in a statement posted online.

The contract marked NASA’s latest vote of confidence in the Hawthorne, California-based company, which has carried several cargo payloads and astronauts to the International Space Station for NASA in recent years.

In April, SpaceX was awarded a $2.9 billion contract to build the lunar lander spacecraft for the planned Artemis program that would carry NASA astronauts back to the moon for the first time since 1972.

But that contract was suspended after two rival space companies, Jeff Bezos’s Blue Origin and defense contractor Dynetics Inc, protested against the SpaceX selection.

The company’s partly reusable 23-story Falcon Heavy, currently the most powerful operational space launch vehicle in the world, flew its first commercial payload into orbit in 2019.

NASA did not say what other companies may have bid on the Europa Clipper launch contract.

The probe is to conduct a detailed survey of the ice-covered Jovian satellite, which is a bit smaller than Earth’s moon and is a leading candidate in the search for life elsewhere in the solar system.

A bend in Europa’s magnetic field observed by NASA’s Galileo spacecraft in 1997 appeared to have been caused by a geyser gushing through the moon’s frozen crust from a vast subsurface ocean, researchers concluded in 2018. Those findings supported other evidence of Europa plumes.

Among the Clipper mission’s objectives are to produce high-resolution images of Europa’s surface, determine its composition, look for signs of geologic activity, measure the thickness of its icy shell and determine the depth and salinity of its ocean, NASA said.

Reporting by Steve Gorman in Los Angeles; Editing by Edmund Klamann

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Billionaire Branson set to fly to space aboard Virgin Galactic rocket plane

Sir Richard Branson stands on the floor of the New York Stock Exchange (NYSE) ahead of Virgin Galactic (SPCE) trading in New York, U.S., October 28, 2019. REUTERS/Brendan McDermid

July 9 (Reuters) – Decades after burnishing his reputation as a wealthy daredevil mogul in a series of boating and hot-air balloon expeditions, Richard Branson is poised to promote his burgeoning astro-tourism venture by launching himself to the final frontier.

Branson’s Virgin Galactic Holding Inc (SPCE.N) is due on Sunday to send the company’s passenger rocket plane, the VSS Unity, on its first fully crewed test flight to the edge of space, with the British billionaire founder among the six individuals strapping in for the ride.

The gleaming white spaceplane will be borne by a twin-fuselage carrier jet dubbed VMS Eve (named for Branson’s mother) to an altitude of 50,000 feet, where Unity will be released and soar by rocket power in an almost vertical climb through the outer fringe of Earth’s atmosphere.

At the apex of its flight some 55 miles (89 km) above the New Mexico desert, the crew will experience a few minutes of weightlessness before making a gliding descent back to Earth.

If all goes according to plan, the flight will last about 90 minutes and end where it began – on a runway at Spaceport America near the aptly named town of Truth or Consequences.

Virgin’s Unity 22 mission marks the 22nd test flight of the spacecraft, and the company’s fourth crewed mission beyond Earth’s atmosphere.

But it will be the first to carry a full complement of space travelers – two pilots and four “mission specialists,” Branson among them.

MILESTONE AND PUBLICITY

Although the mission is seen as a potential milestone in helping transform citizen rocket travel into a mainstream commercial venture, spaceflight remains an inherently hazardous endeavor.

An earlier prototype of the Virgin Galactic rocket plane crashed during a test flight over California’s Mojave Desert in 2014, killing one pilot and seriously injuring another.

If successful, Sunday’s flight will also give Branson bragging rights to besting rival Jeff Bezos and his space company, Blue Origin, in what has been popularized as a “billionaire space race.” Bezos, founder of online retail giant Amazon.com, is slated to fly aboard Blue Origin’s suborbital rocketship, the New Shepard, later this month.

Branson’s official job on his flight is to “evaluate the private astronaut experience,” and his observations will be used to “enhance the journey for all future astronaut customers,” according to Virgin’s press materials.

But Marco Caceres, a senior space analyst for the Virginia-based consulting firm Teal Group, said the Branson and Bezos ride-alongs were each “a bit of a publicity stunt.”

“If they succeed, their ventures will be taken more seriously,” Caceres said. “There’s plenty of multimillionaires in the world that would like to go up on an adventure, so long as they see it as relatively safe.”

Virgin Galactic and Blue Origin, along with fellow billionaire entrepreneur Elon Musk’s SpaceX, are competing head-to-head in the emerging business of space tourism, though Musk has a big head start.

SpaceX, which plans to send its first all-civilian crew (without Musk) into orbit in September, has already launched numerous cargo payloads and astronauts to the International Space Station.

Branson, 70, insists there is plenty of demand from wealthy would-be citizen astronauts to go around, and that he had no intention of trying to upstage Bezos.

‘NOT A RACE’

“It’s honestly not a race,” Branson told Reuters in an interview earlier this week. “If it’s a race, it’s a race to produce wonderful spaceships that can make many more people be able to access space. And I think that’s both of our aims.”

The spaceplane’s two pilots, Dave Mackay and Michael Masucci, will control the ignition and shutoff of the ship’s rocket engine, and activate the vehicle’s “feathered” tail maneuver for re-entry.

The three other mission specialists are Beth Moses, the company’s chief astronaut instructor; Virgin Galactic’s lead operations engineer Colin Bennett; and Sirisha Bandla, a research operations and government affairs vice president.

The Virgin brand, including Branson’s airline and former record label, has long been associated with exploits of derring-do by its flamboyant founder. Branson set a new record for the fastest boat crossing of the Atlantic in 1986, a year after his initial attempt ended with a Royal Air Force helicopter rescue when his vessel capsized.

In 1987 he made a record-breaking Atlantic crossing by hot-air balloon, though again he had to be rescued from the sea. He went on to break at least two other air-balloon speed records but failed to complete any of three bids to circumnavigate the globe by balloon.

As for Sunday’s flight, Branson said this week that he is excited, “and I really don’t think there’s anything there to be scared about.”

Assuming the mission goes well, Virgin has said it plans two further test flights of the spaceplane before beginning commercial service next year.

The company has said it has received more than 600 flight reservations, priced at around $250,000 per ticket, but hopes eventually to slash the cost of each seat to $40,000.

Reporting by Steve Gorman in Los Angeles; Additional reporting by Kevin Fogarty in Washington; Editing by Daniel Wallis

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Nine found dead in Swedish airplane crash -police

STOCKHOLM, July 8 (Reuters) – All nine people onboard were found dead in the crash of an airplane outside Orebro, Sweden, on Thursday, Swedish police said.

“It’s a very severe accident,” Swedish police said on their website. “Everyone on board the crashed plane has died.”

Police said the plane, a DHC-2 Turbo Beaver, was carrying eight skydivers and one pilot. It crashed close to the runway at Orebro airport shortly after takeoff and caught fire at impact.

“It is with great sadness and sorrow that I have received the tragic information about the plane crash in Orebro,” Prime Minister Stefan Lofven wrote on Twitter. “My thoughts are with the victims, their families and loved ones in this very difficult time.”

In a similar accident, nine people died in northern Sweden in 2019 when a plane carrying skydivers crashed shortly after takeoff. The crash investigation showed the plane had been improperly loaded.

Reporting by Johan Ahlander
Editing by Howard Goller and Chris Reese

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Chinese researchers propose deflecting ‘Armageddon’ asteroids with rockets

A model of the Long March-5 Y5 rocket from China’s lunar exploration program Chang’e-5 Mission is displayed at an exhibition inside the National Museum in Beijing, China March 3, 2021. REUTERS/Tingshu Wang/File Photo

BEIJING, July 7 (Reuters) – Chinese researchers want to send more than 20 of China’s largest rockets to practice turning away a sizable asteroid – a technique that may eventually be crucial if a killer rock is on a collision course with Earth.

The idea is more than science fiction. Sometime between late 2021 to early 2022, the United States will launch a robotic spacecraft to intercept two asteroids relatively close to Earth.

When it arrives a year later, the NASA spacecraft will crash-land on the smaller of the two rocky bodies to see how much the asteroid’s trajectory changes. It will be humanity’s first try at changing the course of a celestial body.

At China’s National Space Science Center, researchers found in simulations that 23 Long March 5 rockets hitting simultaneously could deflect a large asteroid from its original path by a distance 1.4 times the Earth’s radius.

Their calculations are based on an asteroid dubbed Bennu, orbiting the sun, which is as wide as the Empire State Building is tall. It belongs to a class of rocks with the potential to cause regional or continental damage. Asteroids spanning more than 1 km would have global consequences.

The science center cited a recently published study in Icarus, a journal on planetary science.

Long March 5 rockets are key to China’s near-term space ambitions – from delivering space station modules to launching probes to the Moon and Mars. China has successfully launched six Long March 5 rockets since 2016, with the last one causing some safety concerns as its remnants reentered the atmosphere in May.

“The proposal of keeping the upper stage of the launch rocket to a guiding spacecraft, making one large ‘kinetic impactor’ to deflect an asteroid, is a rather nice concept,” said Professor Alan Fitzsimmons from the Astrophysics Research Centre at Queen’s University Belfast.

“By increasing the mass hitting the asteroid, simple physics should ensure a much greater effect,” Fitzsimmons told Reuters, although, he added, the actual operation of such a mission needs to be studied in greater detail.

Current estimates show there is roughly a 1% chance a 100-metre-wide asteroid would strike Earth in the next 100 years, said Professor Gareth Collins at Imperial College London.

“Something the size of Bennu colliding is about 10 times less likely,” Collins said.

Altering an asteroid’s path presents a lower risk than blasting the rock with nuclear explosives, which may create smaller fragments without changing their course, scientists say.

Reporting by Ryan Woo; Additional reporting by Liangping Gao. Editing by Gerry Doyle

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EXCLUSIVE New Saudi airline plan takes aim at Emirates, Qatar Airways

DUBAI, July 2 (Reuters) – Saudi Arabia plans to target international transit passenger traffic with its new national airline, going head-to-head with Gulf giants Emirates and Qatar Airways and opening up a new front in simmering regional competition.

Crown Prince Mohammed bin Salman, who is pushing economic diversification to wean Saudi Arabia off oil revenues and create jobs, announced a transportation and logistics drive on Tuesday aimed at making the kingdom the fifth-biggest air transit hub.

Two people familiar with the matter said the new airline would boost international routes and echo existing Gulf carriers by carrying people from one country to another via connections in the kingdom, known in the industry as sixth-freedom traffic.

The transport ministry, which has not released details of the plans, did not respond to a Reuters request for comment.

The strategy marks a shift for Saudi Arabia whose other airlines, like state-owned Saudia and its low cost subsidiary flyadeal, mostly operate domestic services and point-to-point flights to and from the country of 35 million people.

The Saudi expansion threatens to sharpen a battle for passengers at a time when travel has been hit by the coronavirus pandemic. Long-haul flights like those operated by Emirates and Qatar Airways are forecast to take the longest to recover.

Riyadh has already moved to compete with the UAE, the region’s business, trade and tourism hub. The Saudi government has said that from 2024 it would stop giving contracts to firms that do not set up regional headquarters in the kingdom.

“Commercial competition in the aviation industry has always been fierce, and regional competition is heating up. Some turbulence in regional relations is on the horizon,” said Robert Mogielnicki, resident scholar at the Arab Gulf States Institute.

Dubai, the world’s largest international air travel hub, has announced a five-year plan to grow air and shipping routes by 50% and double tourism capacity over the next two decades.

Riyadh has already moved to compete with the UAE, the region’s business, trade and tourism hub. The Saudi government has said that starting 2024 it would stop giving contracts to firms that do not set up regional headquarters in the kingdom.

Saudi Crown Prince Mohammed bin Salman attends a session of the Shura Council in Riyadh, Saudi Arabia, November 20, 2019. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS

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Prince Mohammed is trying to lure foreign capital to create new industries including tourism, with ambitions to increase overall visitors to 100 million by 2030 from 40 million in 2019.

“Saudi Arabia has the ability to push forward with its aviation and tourism strategy when others will be retreating and retracting,” aviation consultant Brendan Sobie said.

“It is a risky strategy, but also sensible given its position and overall diversification objective.”

TOURISM PUSH

However, any airline requires substantial start-up capital and experts warn that if Saudi Arabia’s ambition is to compete on transit flights it may have to contend with years of losses.

Saudi Arabia’s large population generates direct traffic that could cushion losses as a new airline targets international transit traffic, aviation consultant John Strickland said.

Emirates reported a record $5.5 billion annual loss last month with the pandemic forcing Dubai to step in with $3.1 billion in state support.

Etihad Airways has scaled back its ambitions after it spent billions of dollars to ultimately unsuccessfully compete in building a major hub in United Arab Emirates capital Abu Dhabi.

People familiar with the matter said the new airline could be based in the capital Riyadh, and that sovereign wealth fund PIF is helping set it up.

PIF did not respond to a request for comment.

Saudi Arabia is developing non-religious tourism with mega projects backed by PIF. It has launched social reforms to open up the country, the birthplace of Islam, including allowing public entertainment.

Reporting by Alexander Cornwell; Editing by Tim Hepher and Alexander Smith

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Mars helicopter flight test promises Wright Brothers moment for NASA

The planet Mars is shown in this NASA Hubble Space Telescope view taken May 12, 2016. NASA/Handout via Reuters

NASA hopes to score a 21st-century Wright Brothers moment on Monday as it attempts to send a miniature helicopter buzzing over the surface of Mars in what would be the first powered, controlled flight of an aircraft on another planet.

Landmark achievements in science and technology can seem humble by conventional measurements. The Wright Brothers’ first controlled flight in the world of a motor-driven airplane, near Kitty Hawk, North Carolina, in 1903 covered just 120 feet (37 meters) in 12 seconds.

A modest debut is likewise in store for NASA’s twin-rotor, solar-powered helicopter Ingenuity.

If all goes to plan, the 4-pound (1.8-kg) whirligig will slowly ascend straight up to an altitude of 10 feet (3 meters) above the Martian surface, hover in place for 30 seconds, then rotate before descending to a gentle landing on all four legs.

While the mere metrics may seem less than ambitious, the “air field” for the interplanetary test flight is 173 million miles from Earth, on the floor of a vast Martian basin called Jezero Crater. Success hinges on Ingenuity executing the pre-programmed flight instructions using an autonomous pilot and navigation system.

“The moment our team has been waiting for is almost here,” Ingenuity project manager MiMi Aung said at a recent briefing at NASA’s Jet Propulsion Laboratory (JPL) near Los Angeles.

NASA itself is likening the experiment to the Wright Brothers’ feat 117 years ago, paying tribute to that modest but monumental first flight by having affixed a tiny swath of wing fabric from the original Wright flyer under Ingenuity’s solar panel.

The robot rotorcraft was carried to the red planet strapped to the belly of NASA’s Mars rover Perseverance, a mobile astrobiology lab that touched down on Feb. 18 in Jezero Crater after a nearly seven-month journey through space.

Although Ingenuity’s flight test is set to begin around 3:30 a.m. Eastern Time on Monday (0730 GMT Monday), data confirming its outcome is not expected to reach JPL’s mission control until around 6:15 a.m. ET on Monday.

NASA also expects to receive images and video of the flight that mission engineers hope to capture using cameras mounted on the helicopter and the Perseverance rover, which will be parked 250 feet (76 meters) away from Ingenuity’s flight zone.

If the test succeeds, Ingenuity will undertake several additional, lengthier flights in the weeks ahead, though it will need to rest four to five days in between each to recharge its batteries. Prospects for future flights rest largely on a safe, four-point touchdown the first time.

“It doesn’t have a self-righting system, so if we do have a bad landing, that will be the end of the mission,” Aung said. An unexpectedly strong wind gust is one potential peril that could spoil the flight.

NASA hopes Ingenuity – a technology demonstration separate from Perseverance’s primary mission to search for traces of ancient microorganisms – paves the way for aerial surveillance of Mars and other destinations in the solar system, such as Venus or Saturn’s moon Titan.

While Mars possesses much less gravity to overcome than Earth, its atmosphere is just 1% as dense, presenting a special challenge for aerodynamic lift. To compensate, engineers equipped Ingenuity with rotor blades that are larger (4-feet-long) and spin more rapidly than would be needed on Earth for an aircraft of its size.

The design was successfully tested in vacuum chambers built at JPL to simulate Martian conditions, but it remains to be seen whether Ingenuity will fly on the red planet.

The small, lightweight aircraft already passed an early crucial test by demonstrating it could withstand punishing cold, with nighttime temperatures dropping as low as 130 degrees below zero Fahrenheit (minus 90 degrees Celsius), using solar power alone to recharge and keep internal components properly heated.

The planned flight was delayed for a week by a technical glitch during a test spin of the aircraft’s rotors on April 9. NASA said that issue has since been resolved.

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GE Nears Deal to Combine Aircraft-Leasing Unit With AerCap

General Electric Co. is nearing a $30 billion-plus deal to combine its aircraft-leasing business with Ireland’s

AerCap

AER 1.62%

Holdings NV, according to people familiar with the matter, the latest in a string of moves by the industrial conglomerate to restructure its once-sprawling operations.

Though details of how the deal would be structured couldn’t be learned, it is expected to have a valuation of more than $30 billion, some of the people said. An announcement is expected Monday, assuming the talks don’t fall apart.

The

GE

GE 0.29%

unit, known as GE Capital Aviation Services, or Gecas, is the biggest remaining piece of GE Capital, a once-sprawling lending operation that rivaled the biggest U.S. banks but nearly sank the company during the 2008 financial crisis. GE already took a major step back from the lending business in 2015 when it said it would exit the bulk of GE Capital, and a deal for Gecas would represent another big move in that direction.

It would also represent another significant move by GE Chief Executive Larry Culp to right the course of a company that has been battered in recent years by souring prospects for some of its top business lines and a structure that has fallen out of favor with investors.

With more than 1,600 aircraft owned or on order, Gecas is one of the world’s biggest jet-leasing companies, alongside AerCap and Los Angeles-based Air Lease Corp. It leases passenger aircraft made by Boeing Co. and

Airbus SE

as well as regional jets and cargo planes to customers ranging from flagship airlines to startups. Gecas had $35.86 billion in assets as of Dec. 31.

AerCap has a market value of $6.5 billion and an enterprise value—adjusted for debt and cash—of about $34 billion, according to S&P Capital IQ, and around 1,400 owned or ordered aircraft. The company has experience in deal making, paying around $7.6 billion in 2014 to buy International Lease Finance Corp. AerCap’s revenue last year was about $4.4 billion, down from around $5 billion in the previous few years.

The aviation business has been hit hard by the Covid-19 pandemic, which has resulted in a sharp drop in global travel and prompted airlines to ground planes. Some airlines have sought to defer lease payments or purchases of new aircraft. Gecas had an operating loss of $786 million on revenue of $3.95 billion in 2020. GE took a roughly $500 million write-down on the value of its aircraft portfolio in the fourth quarter.

Combining the companies could afford cost-cutting opportunities and help the new entity weather the downturn.

Separating Gecas could help GE with its efforts to shore up its balance sheet and improve cash flows. Despite a recent increase, GE’s share price remains below where it was before significant problems in the company’s power and finance units emerged in recent years.

The Boston company has a market value of around $119 billion after the shares more than doubled in the past six months as it posted improving results. Still, the stock has fallen by about three-quarters from the peak just over 20 years ago.

Mr. Culp became the first CEO from outside of GE in late 2018 after the company was forced to slash its dividend and sell off businesses. The former

Danaher Corp.

boss has sought to simplify GE’s wide-ranging conglomerate structure further, as other industrial giants such as Siemens AG and

Honeywell International Inc.

have done in recent years.

Activist investor Trian Fund Management LP, which has owned a significant position in the company since 2015 and holds a seat on its board, has supported such changes.

Early in his tenure, Mr. Culp said he had no plans to sell Gecas, a move his predecessor

John Flannery

had considered after the unit drew interest from private-equity firms pushing further into the leasing business.

Mr. Culp has sought to even out cash flows and refocus on core areas. Operations he has parted with include the company’s biotech business, which was purchased by Danaher in a $21 billion deal that closed last year. GE also sold its iconic lightbulb business in a much smaller deal last year, and previously said it was unloading its majority stake in oil-field-services firm Baker Hughes Co.

GE has cut overhead costs and jobs in its jet-engine unit while streamlining its power business. The pandemic continues to pressure the jet-engine business, GE’s largest division, however.

The company also makes healthcare machines and power-generating equipment, and the rest of GE Capital extends loans to help customers purchase its machines and contains legacy insurance assets too.

AerCap is based in Ireland and Gecas has headquarters there as well. The aircraft-leasing industry has long had a significant presence in Ireland due to the country’s favorable tax regime and the importance of Guinness Peat Aviation in the development of the sector. (A deal between GE and AerCap would reunite two companies that bought their main assets from GPA.) The industry has gotten more competitive as Chinese companies have gained market share, however, and the combination could help the new group stem that tide.

Shares in aircraft-leasing companies plummeted along with much of the market in the early days of the pandemic as demand from major airlines, who lease planes to avoid the costs of owning them, evaporated. But many of the major lessors’ stocks have recovered lost ground and then some in the months since as lockdowns ease and the outlook for travel improves.

AerCap’s Chief Executive Aengus Kelly said on its fourth-quarter earnings call this month that he expects airlines to shift more toward leasing planes as they rebuild their balance sheets, in what would be a boon to the company and its peers.

“Their appetite for deploying large amounts of scarce capital to aircraft purchases will remain muted for some time,” he said. “The priority will be to repay debt or government subsidies.”

Write to Cara Lombardo at cara.lombardo@wsj.com and Emily Glazer at emily.glazer@wsj.com

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