In January, SpaceShipTwo blasted off for a powered test and sailed through a follow-up glide flight, but then it went into the shop for rocket refitting. It’s expected to go through a series of glide flights and powered flights that eventually rise beyond the boundary of outer space (50 miles or 100 kilometers in altitude, depending on who’s counting).
Hopefully this test flight indicates that they have installed the new engine and are now beginning flight tests with equipment that will actually get the ship into space.
Ask five economists and you'll get five different explanations (six if one went to Harvard). -- Edgar R. Fiedler