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 ...

German eVTOL developer Lilium ( Oberpfaffenhofen) announced it filed for insolvency on February 21 after last-ditch funding ...

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

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 ...

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 the ...

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 ...

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

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