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#RichardBranson and #JeffBezos will fly in industry w no mandatory safety regulations to protect passengers & crew. FAA's only focus is making sure that people and property on the ground are not injured or killed. The agency can't step in until there is an accident or close call.
A regulatory moratorium was put in place in 2004. It's been repeatedly extended and will expire in 2023 unless it is renewed. Purpose was to let companies experiment w different designs and approaches without burdening them with costly regulations.
Passengers fly at own risk after signing waiver. Companies required to lay out risks for them. New Mexico where #VirginGalactic #RichardBranson will fly #SpaceShipTwo #VSSUnity on Sunday has a law limiting lawsuits to cases of gross negligence or intentional harm.
