Lilium Seeks Alternatives After Loan Guarantee Rejection

Lilium Jet at Farnborough Airshow 2024
Credit: Richard Baker/Alamy Stock Photo
FRANKFURT—Lilium is urgently seeking further rescue options after the German federal parliament’s budget committee rejected a proposed €50 million ($54 million) loan guarantee for the startup, which is in financial difficulty as it works to develop its Lilium Jet. The company said in a U.S...
Jens Flottau

Based in Frankfurt, Germany, Jens is executive editor and leads Aviation Week Network’s global team of journalists covering commercial aviation.

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