![]() The company's shares lost eight percent on Tuesday before being suspended from further trading. Insolvency proceedings are on hold for the time being as Cargolifter hunts for a last-minute bailout. aerospace giant Boeing to develop commercial blimps, but few analysts feel the company will step in to save Cargolifter. ![]() The company struck a deal earlier this month to work with U.S. All efforts to secure an investment deal or a state-funded rescue package appear to have been in vain. Mla nabízet logistické sluby a pepravu tkých a nadmrných náklad. Der Name Joey ist eine Bezeichnung fr Kngurubabys. Er diente dazu, Flugerfahrung zu sammeln, Entwicklungen und neue Werkstoffe zu testen sowie Modellrechnungen zu berprfen. ![]() The company says it needs at least 70 million euro ($65 million) to cover its financial commitments through autumn 2003. Journalists look at Joey, a model of an air ship constructed as a cargo lifter, in front of the construction site for new air ships in Brand near Berlin. ) ' young kangaroo, ' 1839, sometimes said to be from a native Australian word joè, but more recently often said to be of unknown origin. Cargolifter AG The now-defunct Cargolifter AG was a company created to offer logistical services through point-to point transport of heavy and outsized loads. Spolenost CargoLifter AG byla zaloena v záí 1996 v nmeckém Wiesbadenu. Joey war ein Luftschiff -Versuchstrger von Cargolifter im linearen Mastab 1:8 des geplanten Cargolifter CL160, also mit 1/512 von dessen Volumen und Auftrieb. The enormous CL 160 blimp evoked the glory days of Germany's zeppelins, which plied the skies from Berlin to Lake Constance during the early part of the 20th Century.Ī lack of working capital had already forced the Berlin-based company to abandon its prestigious project.Ĭargolifter's balloon of hope deflated even further on Tuesday. Once seen as a promising entrepreneurial newcomer in the turbulent economic landscape of the country's former East German states, the scrappy startup was developing giant airships to transport heavy payloads over vast distances. CargoLifter AG is investing in the idea that dirigibles have an advantage over other forms of transportation. German airship-developer Cargolifter said on Tuesday it had run out of cash and would be unable to meet payroll for its close to 500 employees in May.
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