Two German aerospace start-ups developing electric-powered flying taxis face a reality check after hiring former Airbus executives to lead their competing bids to bring the aircraft to market.
Lilium chief executive Klaus Roewe, who joined last month and once led the Airbus narrow-body jet programme, has called for a rethink of the company’s PR strategy as its stock plummets.
Dirk Hoke, chief executive at Volocopter since April and the former head of Airbus’s defence arm, has reined in the…