Yuneec USA Inc to lay off staff

Multiple reports are reaching us of between 50 and 70% of Yuneec USA Inc staff being laid off. Parent company Yuneec International is a Chinese aircraft manufacturer owned by Tian Yu and based in Jinxi, Kunshan, a town in Jiangsu. They are better known for their man carrying electric aircraft. In 2010 the two-seat E430 won ["]