Despite raising $1.4 billion since 2017, Lilium has still not flown with a full-scale aircraft.
Credit: Lilium
For the past couple years, Lilium has struggled to raise enough funds to remain a going concern. Now, it appears to finally be nearing the end of its road. Last week, Lilium announced a decision to file for insolvency under German bankruptcy law for its two principal subsidiaries, a process that...
Subscription Required
Daily Memo: Lights Out For Lilium? is published in Advanced Air Mobility Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN Premium membership.
Already a member of AWIN or subscribe to Advanced Air Mobility through your company? Login with your existing email and password
Not a member? Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.
Related Content
