EASA

Approval expands the number of airports where the jets can operate.

CEO Stuart Simpson tells BBC Today that passenger flights will cost the ‘same as a cab.’

Manufacturer says less than 100 out of about 6,000 potentially impacted aircraft still require modifications.

Four-bladed composite design is now approved for use in EASA countries, Indonesia, and Saudi Arabia.

Company says world’s longest-range business aircraft performs above expectations in garnering U.S. and European approval.

Company says it is on track to deliver the first certified hydrogen-electric light jet by 2030.

Per a stock exchange announcement, the transaction is valued at 10 million euros pending the signature of Volocopter attorney Tobias Wahl.

Latest iteration of the twin-engine aircraft reduces carbon dioxide emissions by up to 45 metric tons per year, manufacturer says.

Manufacturer will first install electric motors for customer Diamond Aircraft’s two-seater before expanding it to larger models.

Manufacturer asserts it complied with all EASA design requirements.