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sai life sciences limited (sailife) stock rallies ✌️【Stock Resources】✌️ Expert predictions with real-time stock indices, futures data, and metals, energy market data to help you seize the best investment opportunities. Uber presented a grandiose vision of flying vehicles whisking people around cities at its annual flying car conference Tuesday in Washington, DC, a day after afatal helicopter crashraised safety questions about plans for increased air traffic over cities.

sai life sciences limited (sailife) stock rallies ✌️【Stock Resources】✌️ Expert predictions of market trends to help you plan the best investment strategy for steady capital growth. The ride-hailing company’s entry into air transportation will begin July 9 with a helicopter service from Manhattan toJFK Airport. Uber(UBER)expects that customers will save an hour of travel time by buying a roughly $200 ticket on the eight-minute flight,which will operate during the afternoon rush hour. One day, years in the future, Uber(UBER)expects car owners will choose to travel on autonomous, electric flying vehicles instead of cars because of what it predicts will be lower prices.

But before it gets to flying cars, Uber will join the helicopter industry in addressing a fresh set of safety questions. A helicoptercrashed on the roofof a Manhattan building Monday, killing the pilot The National Transportation Safety Board is investigating the crash. The fatality came weeks after ahelicopter crashin the Hudson River off Manhattan; there were no deaths in that incident.

“For us, it underscores the need to make safety the absolute bedrock of everything we do,” said Eric Allison, Uber’s head of Elevate, its flying car program, told 【 - Free Market Dynamics Reports 】 Business. He said Uber chose to partner with Heliflite, a New Jersey helicopter charter company, because of what he said was a strong safety record.

sai life sciences limited (sailife) stock rallies ✌️【Stock Resources】✌️ Real-time updates of global stock indices and futures trends to help you plan precise investments. The crashes come at an inopportune time for Uber. New York Mayor Bill de Blasio questioned Monday the role the Federal Aviation Administration is playing in regulating heliports. And City Council Speaker Corey Johnson asked in a local television appearance if the flights Uber would be offering are necessary and safe.

Uber isn’t the first companyto operate a helicopter ride service in New York. Blade began offering continuous flights to JFK Airport, LaGuardia Airport and Newark Airport earlier this year. It had already charted flights to the airports for several years. The Hudson River crash last month was a helicopter that a Blade partner, Zip Aviation, operates. According to a Blade spokesman, no Blade passengers were on-board as the crash happened during a refueling mission.

Fatal helicopter crashes are down from the mid-1980s, when there were nearly twice as many fatal crashes than there have beenin recent years. There have been 18 fatal crashes and 35 deaths in the first five months of 2019, a rate similar to the previous year, according to FAA data. That’s one fatal crash for every 143,000 hours of flight.

sai life sciences limited (sailife) stock rallies ✌️【Stock Resources】✌️ Precise stock selection to help you successfully plan investment strategies for stable returns. Aviation is more heavily regulated than motor vehicles, where Uber’s traditional business operates. Allison said he views building flying cars as easier than developing self-driving cars on the ground, because there’s so much open space in the air. But the challenging part, Allison said, is how highly regulated aviation is.

Uber held its conference in Washington, DC to better connect with regulators. Speaking at the event, Transportation Secretary Elaine Chao stressed safety as an administration priority when it comes to flying vehicles.

“Safety is always number one. it is the foundation of everything that the department does,” Chao said. “There are a lot of questions about these systems. What type of propulsion will be used? Where, how far and how fast will they fly? Will they be manned, remotely controlled or self-piloted?”

sai life sciences limited (sailife) stock rallies ✌️【Stock Resources】✌️ Free real-time market data to help you quickly recover and avoid losses. Acting FAA Administrator Dan Elwell also spoke at the event, and called for a methodical approach to safely integrating flying vehicles.

“These are truly some of the most exciting developments in aerospace since the Wright Brothers,” he said. “[But] I put on my FAA regulatory hat and I got a whole new bucket of stuff to worry about. I see car-sized vehicles with multiple rotors hanging over dense urban populations.”

sai life sciences limited (sailife) stock rallies ✌️【Stock Resources】✌️ Real-time global stock, futures, and forex data to help you master market dynamics. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Market Dynamics Reports 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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