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'Flying taxi' dream faces hurdles before lift-off

Vertical Aerospace and Embraer's Eve have gained more customers for their Jetsons-like visions for urban air mobility at the Singapore Airshow, but they face steep regulatory and social acceptance hurdles to make the dream a reality. Other industry challenges include battery technology improvements, a shortage of pilots and the need to drive down costs so the vehicles serve as

Regulatory hurdles, battery technology issues and a pilot shortage will slow down the electric vertical takeoff and landing vehicle movement.

Airport, airlines and hotel players, these tourism-linked sectors are among those that are expected to benefit from the reopening of interstate travel, which in turn is expected to provide a boost to economic recovery, according to analysts on Monday.

KUALA LUMPUR (May 6): Analysts have revised down their earnings forecasts and target prices (TPs) for Supermax Corp Bhd as they foresee lower average selling prices (ASPs) for gloves after the group’s net profit for the nine months ended March 31, 2021 (9MFY21) came in below their expectations. Kenanga Research analyst Raymond Choo said in a note that the group’s 9MFY21 profit after tax and minority interests came in below expectations at 71% of his full-year forecast. “The negative variance to our estimate was due to lower-than-expected ASPs. Hence, we downgrade [our] FY21/FY22 net ...