{"id":29250,"date":"2021-02-26T11:24:40","date_gmt":"2021-02-26T17:24:40","guid":{"rendered":"https:\/\/www.ceo-na.com\/?p=29250"},"modified":"2021-02-26T11:24:40","modified_gmt":"2021-02-26T17:24:40","slug":"virgin-galactic-shares-fall-as-next-spaceflight-test-delayed-until-may","status":"publish","type":"post","link":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/news\/virgin-galactic-shares-fall-as-next-spaceflight-test-delayed-until-may\/","title":{"rendered":"Virgin Galactic shares fall as next spaceflight test delayed until May"},"content":{"rendered":"<p><strong>The space tourism company reported an adjusted EBITDA loss of $59.5 million, down slightly from a loss of $66 million in the previous quarter.<\/strong><\/p>\n<p><!--more--><\/p>\n<p>Virgin Galactic delivered fourth quarter results after the market closed on Thursday, with the company announcing its next spaceflight test has been delayed until May.<\/p>\n<p>&nbsp;<\/p>\n<p>The company had initially targeted a Feb. 13 spaceflight test of its SpaceShipTwo vehicle \u201cUnity,\u201d which represents a repeat of a failed flight attempt in December.<\/p>\n<p>&nbsp;<\/p>\n<p>Virgin Galactic\u2019s investor presentation disclosed that it \u201cidentified EMI as the root cause\u201d of the December engine flight abort, with \u201cadditional EMI impacts\u201d uncovered during preparations for the Feb. 13 reflight.<\/p>\n<p>&nbsp;<\/p>\n<p>While only two pilots will be on board for the next attempt in May, the flight is expected to be the first of three as the company seeks to finish developing its spacecraft system and begin flying paying passengers.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The space tourism company reported an adjusted EBITDA loss of  [&#8230;]<\/p>\n","protected":false},"author":57,"featured_media":29252,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1338],"tags":[1307,95],"class_list":["post-29250","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-space","tag-travel"],"_links":{"self":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/29250","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/users\/57"}],"replies":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/comments?post=29250"}],"version-history":[{"count":1,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/29250\/revisions"}],"predecessor-version":[{"id":29261,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/29250\/revisions\/29261"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media\/29252"}],"wp:attachment":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media?parent=29250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/categories?post=29250"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/tags?post=29250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}