Lilium, once a darling in the nascent industry of electric aircraft that raised more than $1 billion before going public, has ceased operations and laid off about 1,000 workers after efforts to ...

German electric aircraft manufacturer Lilium has filed for bankruptcy for the second time following a failed rescue attempt. The €200 million ($209.3 million) promised by an investor consortium ...

Azul, Brazil's third-largest airline announced on Monday a one billion dollars accord with German manufacturer Lilium for the purchase of 220 of VTOL electric aircraft scheduled to begin operating ...