Volocopter lays off all employees

The German air cab pioneers are facing the end: after Lilium went into insolvency again on February 21, the second start-up company Volocopter closed its approximately 500 employees with immediate effect.  This is likely to mean the end of the second German air cab manufacturer within a short space of time after Lilium. After all, there was still no EASA approval in sight for the two-seater Volocopter, nor was there any real business model.