The company behind the Lilium Jet has filed for insolvency after its funding option dried up and promises of new financing ...

Manufacturer was building an electric vertical takeoff and landing (eVTOL) jet to fly up to seven passengers on city-to-city ...

Lilium Aerospace's short-lived existence has ended in insolvency after the company failed to secure funding from its backers ...

Desperate Lilium Aerospace employees who have gone almost two months without pay have been forced to turn to crowdfunding in ...

The plans to save the electric flying taxi developer Lilium have failed again. Lilium filed for insolvency again this Friday at Weilheim Local Court, as ...

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 to ...

Outside of Orlando, vertiports and flying vehicles are finding support, as well. In 2023, Tampa International Airport hosted ...

Lilium Files For Bankruptcy Again As Funding Proves Elusive is published in Advanced Air Mobility Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN ...

It sounded like a Christmas miracle when the then-insolvent air taxi developer Lilium announced on Christmas Eve that it had been rescued by a consortium of ...

Lilium Suspends Business Ops, Faces Potential Second Insolvency is published in Advanced Air Mobility Report, an Aviation ...

A German flying taxi start-up said on Friday it would halt operations after a deal to rescue it fell through, the latest ...

For years Orlando has been working to become the nation’s first city with a vertiport — but previous attempts haven’t taken ...