No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, March 25, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

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

by TheAdviserMagazine
1 month ago
in Business
Reading Time: 2 mins read
A A
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

edit post
UFP Packaging introduces new nail-free crate systems

UFP Packaging introduces new nail-free crate systems

by TheAdviserMagazine
March 25, 2026
0

UFP Packaging has released the Slot-Lock and Clamp-Lock 100, two new crate systems designed for assembly without the use of...

edit post
Attractive valuations emerging, but oil prices hold the key: Aman Chowhan

Attractive valuations emerging, but oil prices hold the key: Aman Chowhan

by TheAdviserMagazine
March 25, 2026
0

Indian equities are navigating a volatile phase as geopolitical tensions trigger a sharp correction. With markets down nearly 8–9% since...

edit post
Iran claims U.S. is negotiating with itself; here’s what Tehran is demanding

Iran claims U.S. is negotiating with itself; here’s what Tehran is demanding

by TheAdviserMagazine
March 25, 2026
0

Mar 25, 2026, 4:40 AM ETProShares Ultra Bloomberg Crude Oil ETF (UCO), SCO, BNO, DBO, DBE, GUSH, OILK, MLPX, DRIP,...

edit post
China could be the ‘big winner’ in the AI race, thanks to abundant power, cheap manufacturing, and an open-source craze

China could be the ‘big winner’ in the AI race, thanks to abundant power, cheap manufacturing, and an open-source craze

by TheAdviserMagazine
March 25, 2026
0

When Jensen Huang praised OpenClaw last week, the ripples reached Hong Kong within hours. Shares in MiniMax and Zhipu AI...

edit post
D-Street rebounds as US halts Iran strikes; Nifty jumps nearly 2%

D-Street rebounds as US halts Iran strikes; Nifty jumps nearly 2%

by TheAdviserMagazine
March 24, 2026
0

Mumbai: Indian equities on Tuesday expectedly tracked a pan-Asian rebound in risk assets to climb nearly 2% while the rupee...

edit post
BioCardia outlines imminent CardiAMP FDA submission and targets regulatory catalysts as trial data signals clinical benefit (NASDAQ:BCDA)

BioCardia outlines imminent CardiAMP FDA submission and targets regulatory catalysts as trial data signals clinical benefit (NASDAQ:BCDA)

by TheAdviserMagazine
March 24, 2026
0

Earnings Call Insights: BioCardia (BCDA) Q4 2025 Management View Peter Altman, CEO, highlighted that BioCardia now has complete and final...

Next Post
edit 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

edit post
A New Name in Online Trading Under the Microscope

A New Name in Online Trading Under the Microscope

  • Trending
  • Comments
  • Latest
edit post
Foreclosure Starts are Up 19%—These Counties are Seeing the Highest Distress

Foreclosure Starts are Up 19%—These Counties are Seeing the Highest Distress

February 24, 2026
edit post
Publix to Open 5 New Stores by End of April. See Upcoming Locations.

Publix to Open 5 New Stores by End of April. See Upcoming Locations.

March 20, 2026
edit post
7 States Reporting a Surge in Norovirus Cases

7 States Reporting a Surge in Norovirus Cases

February 22, 2026
edit post
Massachusetts loses billions in income after millionaire tax

Massachusetts loses billions in income after millionaire tax

March 24, 2026
edit post
The Growing Movement to End Property Taxes Continues in Kentucky, And What It Means For Investors

The Growing Movement to End Property Taxes Continues in Kentucky, And What It Means For Investors

March 2, 2026
edit post
Who Is Legally Next of Kin in North Carolina?

Who Is Legally Next of Kin in North Carolina?

February 28, 2026
edit post
Robinhood Goes All In With .5B Buyback

Robinhood Goes All In With $1.5B Buyback

0
edit post
UFP Packaging introduces new nail-free crate systems

UFP Packaging introduces new nail-free crate systems

0
edit post
20 Best Companies With Flexible Jobs for Seniors and Older Workers

20 Best Companies With Flexible Jobs for Seniors and Older Workers

0
edit post
The Hidden Money Narratives Driving Client Behavior

The Hidden Money Narratives Driving Client Behavior

0
edit post
Why Adam Smith Embraced Commercial Society: The Wealth of Nations, Book 3 at Econlib

Why Adam Smith Embraced Commercial Society: The Wealth of Nations, Book 3 at Econlib

0
edit post
MGM Is Launching a Las Vegas ‘All-Inclusive’ — But Is It Worth It?

MGM Is Launching a Las Vegas ‘All-Inclusive’ — But Is It Worth It?

0
edit post
Robinhood Goes All In With .5B Buyback

Robinhood Goes All In With $1.5B Buyback

March 25, 2026
edit post
UFP Packaging introduces new nail-free crate systems

UFP Packaging introduces new nail-free crate systems

March 25, 2026
edit post
20 Best Companies With Flexible Jobs for Seniors and Older Workers

20 Best Companies With Flexible Jobs for Seniors and Older Workers

March 25, 2026
edit post
Flawed climate research is shaping how central banks regulate trillions

Flawed climate research is shaping how central banks regulate trillions

March 25, 2026
edit post
Gifting Strategies That Allow Business-Owner Clients To Save (Millions Of) Dollars In Estate And Income Taxes

Gifting Strategies That Allow Business-Owner Clients To Save (Millions Of) Dollars In Estate And Income Taxes

March 25, 2026
edit post
Asia-Pacific AI in Antibody Discovery Market Report 2026

Asia-Pacific AI in Antibody Discovery Market Report 2026

March 25, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Robinhood Goes All In With $1.5B Buyback
  • UFP Packaging introduces new nail-free crate systems
  • 20 Best Companies With Flexible Jobs for Seniors and Older Workers
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

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

Welcome Back!

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
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

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