• Passengers, from left, Pantaleone Carlucci, Col Walter Villadei and Lt Col Angelo Landolfi. Photo: Virgin Galactic
    Passengers, from left, Pantaleone Carlucci, Col Walter Villadei and Lt Col Angelo Landolfi. Photo: Virgin Galactic
  • The three Italian passengers are scheduled to fly on Thursday on the first commercial space tourism flight by Virgin Galactic. Photo: Virgin Galactic
    The three Italian passengers are scheduled to fly on Thursday on the first commercial space tourism flight by Virgin Galactic. Photo: Virgin Galactic
  • FILE - Virgin Galactic's VSS Unity departs Mojave Air & Space Port in Mojave, Calif. , for the final time as Virgin Galactic shifts its SpaceFlight operations to New Mexico, Feb. 13, 2020. Virgin Galactic announced Wednesday, June 14, 2023, that monthly commercial flights to the edge of space will begin for ticket-holders in August, following a research flight planned for the end of June. (Matt Hartman via AP, File)
    FILE - Virgin Galactic's VSS Unity departs Mojave Air & Space Port in Mojave, Calif. , for the final time as Virgin Galactic shifts its SpaceFlight operations to New Mexico, Feb. 13, 2020. Virgin Galactic announced Wednesday, June 14, 2023, that monthly commercial flights to the edge of space will begin for ticket-holders in August, following a research flight planned for the end of June. (Matt Hartman via AP, File)
  • Col Walter Villadei, a member of the Italian Air Force here during a training session, will be the mission commander on the flight. Photo: Virgin Galactic
    Col Walter Villadei, a member of the Italian Air Force here during a training session, will be the mission commander on the flight. Photo: Virgin Galactic
  • The Unity spacecraft during a mission on May 25, 2023. AFP
    The Unity spacecraft during a mission on May 25, 2023. AFP
  • Colin Bennett is an employee at Virgin Galactic and is the lead astronaut on the mission. Photo: Virgin Galactic
    Colin Bennett is an employee at Virgin Galactic and is the lead astronaut on the mission. Photo: Virgin Galactic
  • The crew during a training session for the space tourism flight. Photo: Virgin Galactic
    The crew during a training session for the space tourism flight. Photo: Virgin Galactic

Who are the passengers on Virgin Galactic's first commercial space tourism flight?


Sarwat Nasir
  • English
  • Arabic

Virgin Galactic is scheduled to launch its first commercial space tourism flight tomorrow, with three paying passengers on board.

The company announced the names of the passengers on Tuesday, all of whom are researchers from the Italian Air Force and the National Research Council of Italy.

The tickets reportedly cost $450,000 for the 90-minute trip, which includes about four minutes of weightlessness.

A Virgin Galactic employee who will be assessing the crew’s experience will be in the cabin of the VSS Unity spaceplane, while two pilots will be in the cockpit.

The flight – Galactic 01 – comes two years after Sir Richard Branson and a crew of five flew on the first fully crewed flight by Virgin Galactic on July 11, 2021.

“Virgin Galactic's team and vehicles are ready to fly the company's first customers to space, having successfully completed the Unity 25 space flight and subsequent routine analysis and vehicle inspections,” the company said on June 16.

Virgin Galactic launches passengers from a horizontal spaceport in the New Mexico desert, with a carrier jet that releases the VSS Unity spaceplane at an altitude of 15,240m.

It then climbs to the edge of space, taking the crew 89km above the desert, allowing them to experience the same weightlessness as astronauts do.

With the flight taking off on Thursday, The National explains who the crew members are, what they will be doing aboard the spaceplane and where to watch the live broadcast.

How to watch

Virgin Galactic will share a global livestream of the flight on their website. The broadcast is expected to begin at 7pm, UAE time on the day of the flight (June 29).

The three Italian passengers who are flying on the first commercial space tourism flight by Virgin Galactic. Left to right: Col. Walter Villadei, Lt. Col. Angelo Landolfi and Pantaleone Carlucci. Photo: Virgin Galactic
The three Italian passengers who are flying on the first commercial space tourism flight by Virgin Galactic. Left to right: Col. Walter Villadei, Lt. Col. Angelo Landolfi and Pantaleone Carlucci. Photo: Virgin Galactic

Passengers

Coll Walter Villadei

A member of the Italian Air Force, Col Villadei will serve as mission commander on the flight.

He will be wearing a smartsuit that will measure his biometric data and physiological responses to weightlessness.

This suborbital flight is part of his astronaut training for a future space mission to the International Space Station.

Lt Col Angelo Landolfi

Also a member of the Italian Air Force, Lt Col Landolfi will be carrying out research work on the flight.

He will measure cognitive performance and investigate how certain liquids and solids mix in microgravity.

He holds a PhD in legal medicine and forensic science, and previously trained as a crew surgeon as part of a cosmonaut training programme.

Pantaleone Carlucci

Mr Carlucci is an energy engineer and pilot at the National Research Council of Italy.

He will be carrying out tests that involve wearing sensors that record heart rate, brain function and other human performance metrics during space flight.

He will be the flight engineer and payload specialist on the flight.

Crew

Colin Bennett is an employee at Virgin Galactic and is the lead astronaut on this mission, carrying out all training and preparation.

His mission is to assess the research flight experience.

Mike Masucci and Nicola Pecile will be the pilots on the spaceplane.

Kelly Latimer and Jameel Janjua will be the pilots on the mothership that will release the spaceplane once it is at its target altitude.

Joy ride or science work?

While most space tourism flights that have taken place since 2021 have been primarily joy rides, this one seems to involve lots of research work.

There are 13 experiments going aboard this trip.

One of them includes the TESting in Space research by the University of Rome, in which the crew will measure the effects of liquid mixing in microgravity conditions.

Different mixtures have been placed in syringes, which will be combined once the plane reaches the edge of space.

It is hoped the research will help in future in-space manufacturing and biomedical applications efforts.

The specs
Engine: 2.0-litre 4-cyl turbo

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Transmission: 6-speed auto

Fuel consumption: 8.7L/100km

Price: Dh133,900

On sale: now 

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Expo details

Expo 2020 Dubai will be the first World Expo to be held in the Middle East, Africa and South Asia

The world fair will run for six months from October 20, 2020 to April 10, 2021.

It is expected to attract 25 million visits

Some 70 per cent visitors are projected to come from outside the UAE, the largest proportion of international visitors in the 167-year history of World Expos.

More than 30,000 volunteers are required for Expo 2020

The site covers a total of 4.38 sqkm, including a 2 sqkm gated area

It is located adjacent to Al Maktoum International Airport in Dubai South

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Director: Ayan Mukerji

Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana

Rating: 2/5

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The specs

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Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

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Mina Cup winners

Under 12 – Minerva Academy

Under 14 – Unam Pumas

Under 16 – Fursan Hispania

Under 18 – Madenat

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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Singham Again

Director: Rohit Shetty

Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone

Rating: 3/5

Points Classification after Stage 1

1. Geraint Thomas (Britain / Team Sky) 20

2. Stefan Kueng (Switzerland / BMC Racing) 17

3. Vasil Kiryienka (Belarus / Team Sky) 15

4. Tony Martin (Germany / Katusha) 13

5. Matteo Trentin (Italy / Quick-Step) 11

6. Chris Froome (Britain / Team Sky) 10

7. Jos van Emden (Netherlands / LottoNL) 9

8. Michal Kwiatkowski (Poland / Team Sky) 8

9. Marcel Kittel (Germany / Quick-Step) 7

10. Edvald Boasson Hagen (Norway / Dimension Data) 6

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Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

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The Sand Castle

Director: Matty Brown

Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea

Rating: 2.5/5

Ronaldo's record at Man Utd

Seasons 2003/04 - 2008/09

Appearances 230

Goals 115

The biog

Full name: Aisha Abdulqader Saeed

Age: 34

Emirate: Dubai

Favourite quote: "No one has ever become poor by giving"

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Updated: June 28, 2023, 9:51 AM