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German flying taxi startup to file for bankruptcy

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German flying taxi startup to file for bankruptcy

A German flying taxi startup is expected to file for bankruptcy, US market regulators said on Thursday, a week after the firm failed to gain crucial state backing. “Within the next few days”, the Munich-based Lilium company expects that its principal subsidiaries “will file for insolvency in the competent court in Germany”, a statement from […]

The post German flying taxi startup to file for bankruptcy appeared first on Insider Paper.

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