Lilium Issues Dire Warning Over Need For Government Loan

Graham Warwick October 02, 2024

Lilium’s financial struggles are reaching a crisis point as it strives to get to first flight of the Lilium Jet.

Credit: Lilium
Lilium has stepped up pressure on the German federal and Bavarian state governments to finalize guarantees for a €100 million ($110 million) loan from a German state development bank that is essential to keeping the electric air taxi developer afloat. If the German government does not approve the...
Graham Warwick

Graham leads Aviation Week's coverage of technology, focusing on engineering and technology across the aerospace industry, with a special focus on identifying technologies of strategic importance to aviation, aerospace and defense.

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