Things tried so far:
- SD card is class 10 Kingston 16 GB
- SD card is formatted as FAT32 with 32KB allocation block size (as sugested at https://www.facebook.com/hubsan001/posts/back-to-basics-15-micro-sd-specifications-and-formatting-for-the-h501s-h501m-h50/1785092691795746/)
- Card is inserted to the turned off copter
- Sometimes (1 time out of 10) recording is stopped correctly and video is saved (succeeded a couple of times when tried indoors)
Don't really have an option to buy / test another SD card for now

Thanks a lot.