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Switzerland’s H55 Is Electric Aviation’s Latest Downsizer
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Switzerland’s H55 Is Electric Aviation’s Latest Downsizer
Swiss propulsion system developer H55 is the latest electric aviation firm to scale down amid growing pains for the sector. Per a news release shared with FLYING on Monday, H55 laid off 54 employees following a “comprehensive review” of the business and its activities. According to Aviation Week, which was first to report the cuts, H55 employed 109 people before the move, meaning the company slashed close to half of its workforce. It had origina…
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