No Result
View All Result
  • Login
Monday, August 17, 2026
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Business

ST Engineering debuts the AirFish: A craft that flies just above the sea at up to 116mph

by FeeOnlyNews.com
6 months ago
in Business
Reading Time: 2 mins read
A A
0
ST Engineering debuts the AirFish: A craft that flies just above the sea at up to 116mph
Share on FacebookShare on TwitterShare on LInkedIn



Singapore’s holidaygoers could soon be gliding over the sea, rather than cutting through them.

Aerospace firm ST Engineering debuted the AirFish, a ten-seater craft that glides around one to three meters above the water, on Feb. 3 at the Singapore Airshow. 

“For typical boats, there’s a lot of friction on the sea,” explains Leon Tan, vice president of ST Engineering AirX, the wing of the firm which oversees the craft’s design. The AirFish caters to travelers who “want point-to-point speed”, he tells Fortune, as it achieves a velocity of up to 100 knots (116 miles per hour), comparable to a light aircraft.

The AirFish harnesses the ground effect, which occurs when air becomes compressed between a wing and a surface, producing lift and reducing drag. This reduces how much energy the craft uses when it travels across the water’s surface, much like how an albatross glides for long distances with minimal energy. (The former Soviet Union was a one of the largest proponents of ground-effect vehicles, which officials dubbed ‘ekranoplans’, and considered using as military vehicles).

ST Engineering has already inked two partnerships for the AirFish, including one with ferry operator BatamFast to run trips between Singapore and the Indonesian town of Batam, with the first journeys starting in the third quarter of 2026. An AirFish can complete the journey in 25 minutes, half the time of a typical ferry. 

The firm also announced on Feb. 3 that Indian operator Wings Over Water Ferries will also lease and operate up to four vessels in India by late 2026. 

Tan, from ST Engineering, says the AirFish is part of the company’s shift towards making original equipment. Traditionally, it focuses on maintenance, repair and overhaul (MRO); the company is the world’s largest airframe MRO provider, with facilities across Asia, Europe and the U.S. 

With 2024 revenue of $8.4 billion, ST Engineering is No. 34 on Fortune’s Southeast Asia 500 list, which measures the region’s largest companies by revenue. The company was founded in 1967, and stems from Singapore’s defense industry. Over the past fifty years, it’s broadened its portfolio to include aerospace and shipbuilding. 

ST Engineering hopes to bring the AirFish to other destinations including Malaysia’s Tioman and Desaru, Tan tells Fortune. He believes that Southeast Asia’s maritime travel industry holds much potential for the AirFish, given that it has several archipelagic countries like Indonesia, which comprises over 17,000 islands, and the Philippines, which has over 7,000.

The company is also experimenting with building 24- and 36-seater AirFish crafts, which can transport more passengers on each flight, Tan says. It is also looking to build 4-seater luxury AirFish crafts to cater to the ultra-wealthy demographic.



Source link

Tags: 116mphAirFishCraftdebutsEngineeringfliesSEA
ShareTweetShare
Previous Post

PSU Banks look attractive; Bank of Baroda top pick: Pankaj Pandey

Next Post

Markets track global rebound, Nifty range-bound with positive bias: Rajesh Bhosale

Related Posts

Advanced Micro Devices (AMD) Price Prediction: How Much a ,000 Investment Could Be Worth by 2031

Advanced Micro Devices (AMD) Price Prediction: How Much a $5,000 Investment Could Be Worth by 2031

by FeeOnlyNews.com
August 8, 2026
0

Quick Read AMD's Data Center revenue jumped 57% YoY, driving a base-case projection of $7,657 from a $5,000 investment by...

Vanguard Chief Economist: AI and jobs, still in an ATM phase

Vanguard Chief Economist: AI and jobs, still in an ATM phase

by FeeOnlyNews.com
August 8, 2026
0

Every wave of technological change seems to arrive with a familiar prediction: This time, jobs are going away for good....

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

by FeeOnlyNews.com
August 8, 2026
0

Asia's oldest exchange, BSE, traded far fewer derivatives contracts in the first week following the implementation of the Closing Auction...

Banks or NBFCs? DSP’s Preethi R S explains where she sees the best opportunities

Banks or NBFCs? DSP’s Preethi R S explains where she sees the best opportunities

by FeeOnlyNews.com
August 8, 2026
0

India’s financial stocks are entering a more selective phase, where the strength of a lender’s deposit franchise, underwriting discipline and...

Vaxart outlines Phase IIb COVID-19 top line data in first half of 2027 backed by BARDA funding (OTCMKTS:VXRT)

Vaxart outlines Phase IIb COVID-19 top line data in first half of 2027 backed by BARDA funding (OTCMKTS:VXRT)

by FeeOnlyNews.com
August 7, 2026
0

Earnings Call Insights: Vaxart, Inc. (VXRT) Q2 2026 Management View "The second quarter and recent weeks marked a pivotal period...

Nutex outlines 3 hospital openings in H2 2026 while maintaining 3 to 5 openings per year (NASDAQ:NUTX)

Nutex outlines 3 hospital openings in H2 2026 while maintaining 3 to 5 openings per year (NASDAQ:NUTX)

by FeeOnlyNews.com
August 7, 2026
0

Earnings Call Insights: Nutex Health (NUTX) Q2 2026 Management View "It was an active quarter, marked by strong financial results,...

Next Post
Markets track global rebound, Nifty range-bound with positive bias: Rajesh Bhosale

Markets track global rebound, Nifty range-bound with positive bias: Rajesh Bhosale

A New Name in Online Trading Under the Microscope

A New Name in Online Trading Under the Microscope

  • Trending
  • Comments
  • Latest
Coffee Break: Armed Madhouse – From Spy Satellites to Peace Satellites

Coffee Break: Armed Madhouse – From Spy Satellites to Peace Satellites

July 7, 2026
US prosecutors examine LA Dodgers owner Mark Walter-linked insurers – report

US prosecutors examine LA Dodgers owner Mark Walter-linked insurers – report

July 21, 2026
Teachers’ Unions Shell Out More Than  Billion on Politics

Teachers’ Unions Shell Out More Than $1 Billion on Politics

May 14, 2026
Why did a 4 billion CEO just endorse stripping most Americans of voting rights?

Why did a $154 billion CEO just endorse stripping most Americans of voting rights?

July 27, 2026
Product-Market Fit Expires Every 90 Days. Here’s What to Do About It.

Product-Market Fit Expires Every 90 Days. Here’s What to Do About It.

July 15, 2026
Bond Vet and Small Door Merge to Form One of the Nation’s Largest Premium Veterinary Networks – AlleyWatch

Bond Vet and Small Door Merge to Form One of the Nation’s Largest Premium Veterinary Networks – AlleyWatch

July 9, 2026
Advanced Micro Devices (AMD) Price Prediction: How Much a ,000 Investment Could Be Worth by 2031

Advanced Micro Devices (AMD) Price Prediction: How Much a $5,000 Investment Could Be Worth by 2031

0
Cities holding up to 3 million people found under Amazon rain forest

Cities holding up to 3 million people found under Amazon rain forest

0
Republican Party Displacement | Mises Institute

Republican Party Displacement | Mises Institute

0
Bybit Uses Tokenised Equities as Underlyings for Structured Yield

Bybit Uses Tokenised Equities as Underlyings for Structured Yield

0
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

0
Vaxart outlines Phase IIb COVID-19 top line data in first half of 2027 backed by BARDA funding (OTCMKTS:VXRT)

Vaxart outlines Phase IIb COVID-19 top line data in first half of 2027 backed by BARDA funding (OTCMKTS:VXRT)

0
Advanced Micro Devices (AMD) Price Prediction: How Much a ,000 Investment Could Be Worth by 2031

Advanced Micro Devices (AMD) Price Prediction: How Much a $5,000 Investment Could Be Worth by 2031

August 8, 2026
Republican Party Displacement | Mises Institute

Republican Party Displacement | Mises Institute

August 8, 2026
Vanguard Chief Economist: AI and jobs, still in an ATM phase

Vanguard Chief Economist: AI and jobs, still in an ATM phase

August 8, 2026
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

August 8, 2026
Democrats’ Affordability Message Misses a Key Expense—Student Debt

Democrats’ Affordability Message Misses a Key Expense—Student Debt

August 8, 2026
Banks or NBFCs? DSP’s Preethi R S explains where she sees the best opportunities

Banks or NBFCs? DSP’s Preethi R S explains where she sees the best opportunities

August 8, 2026
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Advanced Micro Devices (AMD) Price Prediction: How Much a $5,000 Investment Could Be Worth by 2031
  • Republican Party Displacement | Mises Institute
  • Vanguard Chief Economist: AI and jobs, still in an ATM phase
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.