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Why Airlines Are Not Happy About The Billionaire Space Race

Why Airlines Are Not Happy About The Billionaire Space Race

The “billionaire space race,” headed by Elon Musk and Jeff Bezos has certainly been exciting to watch. Seeing a red Tesla slip the surly bonds of earth while playing Rocket Man was one of the best moments of 2018. Unless, of course, you happened to be in the air travel industry.

Bloomberg recently reported that, according to Federal Aviation Administration (FAA) by the Air Line Pilots Association, that launch caused 563 flights to be delayed and an additional 62 miles to be stacked onto flights in the southeast region.

Officials are worried that, as the space race heats up, the traffic jams will spread around the 22 launch sites that are currently active in the United States. Cost is chief among these worries. In 2017, block time (the time an airplane spends in the air or taxiing on the runway) costs airlines $68.48 per minute, or $4109 per hour.

 

 

To read more on this story, go to Bloomberg.

 

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