Light Sport manufacturer Flight Design has filed for insolvency in Germany saying it’s run out of cash because a major customer hasn’t paid its bill. The company announced the move with a notice on its Web site on Dec.14. “The insolvency application became necessary because, on the one hand, an international customer has not yet…
The German manufacturer of Mercedes and Audi logos has declared bankruptcy Ореанда-Новости Read the original article here
Air Taxi Company Files for Bankruptcy, Seeks New Funding IoT World Today Read the original article here
‘A bit of a catchup:’ Bankruptcies took off like a rocket in 2024 MSN Read the original article here
Breadcrumb Trail Links News Economy Business insolvency filings hit their largest third-quarter volume in 15 years Published Dec 31, 2024 • Last updated 5 minutes ago • 4 minute read You can save this article by registering for free here. Or sign-in if you have an account. A pedestrian walks past a Danier Leather store in…
(Dec 31): Air taxi start-up Volocopter GmbH filed for insolvency proceedings on Monday, citing its inability to raise new funds to maintain regular operations. The Mercedes-Benz and Honeywell-backed company plans to continue business operations during the insolvency proceedings while seeking additional funding. “Despite recent intensive fundraising efforts, finding a viable solution to maintain regular operations outside of…
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Budget cost rises could lead to more firms going bust, warn experts The Mirror Read the original article here
German flying taxi startup Volocopter faces insolvency just days after investors stepped in to save competitor Lilium Fortune Read the original article here
Volocopter Volocopter CEO Dirk Hoke expects funds to be found, saying his is ‘an attractive company to invest in’ while it restructures Problems finding fresh funds Company’s CEO optimistic Aircraft vital to giga-project Volocopter, the German air taxi developer backed by Saudi Arabia’s Neom giga-project, has filed for insolvency, blaming difficulties in securing fresh funding.…