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As dollar falls, price of space vacations boosted to higher orbit

posted onJuly 19, 2007
by hitbsecnews

When it comes to complaining about poor exchange rates for the U.S. dollar, American tourists traveling to Europe have nothing on tourists headed into space. The cost of flying to the international space station aboard a Russian Soyuz spaceship has increased from $25 million earlier this year to between $30 million and $40 million for trips planned in 2008 and 2009.

"It's mostly because of the fallen dollar," Eric Anderson, president and CEO of Space Adventures, said Wednesday. His company brokers the trips with Russia's space agency.

A U.S. dollar currently is worth about 25½ Russian rubles, compared with 32 rubles in 2002.

Five space tourists have paid $20 million to $25 million to visit the space station via the Soyuz vehicles through trips arranged by Space Adventures. The company announced Wednesday that two more Soyuz seats have been purchased for tourists to fly in 2008 and 2009.

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