Out Of Options, Lilium To File For Self-Administered Bankruptcy

Lilium Jet concept

Lilium’s vision of offering electric-powered commuter services is looking very doubtful now that the company announced plans to file for insolvency in Germany.

Credit: Lilium
Ever since Lilium debuted its Lilium Jet in 2019, critics have doubted the merits of the aircraft’s architecture and whether the mission promised could be achieved. But while the company has made significant progress in development and was nearing first flight of a production-standard aircraft, it...
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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