In potentially another dramatic twist to Lilium's protracted collapse, rumours have surfaced of yet another last-ditch bid to ...
Certification of the Lilium Jet could easily have been achieved by late 2027 through the restructuring central to Lilium's ...
The Federal Aviation Administration (FAA) had just declared it would introduce a new category of aircraft for air taxis ...
German electric aircraft manufacturer Lilium has filed ... 24 for the operating assets of the two Lilium subsidiaries Lilium GmbH and Lilium eAircraft, and announced €200 million in new funds.
The acquisition of Volocopter by Zhejiang Wanfeng Auto Wheel Co for a knock-down price will fuel debate about Germany’s ...
Airways analyzes the insolvencies and funding failures of eVTOL innovators in the Advanced Air Mobility Sector.
FRANKFURT—Electric aircraft manufacturer Lilium Aerospace filed for insolvency Feb. 21 after its main investor failed to provide promised funding for the rebuilding of operations, likely ending ...
FRANKFURT—German electric aircraft startup Lilium has suspended operations and may be forced to file for insolvency again shortly, several sources familiar with the situation tell Aviation Week.
A group of investors from North America and Europe, united under Mobile Uplift Corporation GmbH ... agreements for aircraft from Saudi Arabia. As of the start of the month, Lilium had firm ...
Lilium is among firms that have been developing ... which had signed a deal to buy 50 of the firm's aircraft with options to purchase 50 more. But it had burnt through huge sums during a long ...