WASHINGTON, Dec 19: The US Federal Aviation Administration has given the green light for the world’s first commercial spaceport, New Mexico authorities said on Thursday.

The FAA granted Spaceport America a license for vertical and horizontal space launches following an environmental impact study, according to the New Mexico Space Authority (NMSA).

“These two governmental approvals are the next steps along the road to a fully operational commercial spaceport,” said NMSA Executive Director Steven Landeene.

“We are on track to begin construction in the first quarter of 2009, and have our facility completed as quickly as possible.”

The terminal and hangar facility for horizontal launches is planned for completion by late 2010.

The NMSA hopes to sign a lease agreement later this month with Virgin Galactic, a branch of Virgin Atlantic owned by British airline magnate Richard Branson.—AFP