[Katie Reynolds]

Branson, head of the Virgin Atlantic airline, said Monday that passengers in groups of five could be sent into orbit by 2008 at around £110,000 ($200,000) a trip.

The businessman -- who also heads Virgin trains in the UK -- revealed his outer-space business venture, potentially worth £14 million ($25 million), during a press gathering at the Royal Aeronautical Society in Central London.

The licensing deal could be worth millions over the next 15 years depending on the number of spaceships built by Virgin.

Prices for each seat are expected to start at £110,000, including three days' flight training. Virgin says that up to 3,000 astronauts could be flying high in space over a five-year period.

From: http://www.cnn.com/2004/WORLD/europe...ace/index.html

Cool.