In light of Vega failure, Avio asks investors to take the long view on rocket performance

by Peter B. de Selding

PARIS — Vega rocket prime contractor Avio SpA is asking investors to view Vega’s Nov. 16 failure, the second in 16 months, in the perspective of the global launch sector, where failures of relatively new rockets are common.

Avio’s argument is that Vega’s two failures in its first 17 launches is not out of line with the history of most new rockets, including Europe’s Ariane 5 and the SpaceX Falcon 9. The SpaceX data presented by Avio includes the Falcon 1, which bears little resemblance to . . .

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