Lilium

By Jens Flottau
Mobile Uplift Corp., a consortium of European and North American investors, has agreed to acquire assets of bankrupt electric aircraft manufacturer Lilium.
Manufacturing & Supply Chain

By Ben Goldstein
Europe’s air taxi startups have fallen behind their U.S. rivals, and the gap appears to be growing.
Advanced Air Mobility

By Graham Warwick
Major events in aerospace and defense during 2024.
Aerospace

By Ben Goldstein
Market leaders are gradually ramping up production as focus shifts to the manufacture of type-conforming aircraft for use in certification flight testing.
Advanced Air Mobility

By Thierry Dubois
Aerostructures supplier Latecoere has appointed Yves Yemsi as its new group chief operating officer and president of the EMEA region.
Manufacturing & Supply Chain

By Ben Goldstein
The AAM Reality Index evaluates companies’ likelihood of success in bringing an advanced air mobility aircraft to market.
Advanced Air Mobility

By Ben Goldstein
While air taxi frontrunners Joby and Archer plan to operate their own airlines in the U.S., a small handful of operators are eager to get in on the action as soon as possible.
Advanced Air Mobility

By Graham Warwick
Germany aims to establish itself as a leading location for development and operation of drones and e-taxis. Australia also has issued an AAM strategy.
Advanced Air Mobility

By Ben Goldstein
Electric vertical-takeoff-and-landing (eVTOL) air taxis have been hailed as a major breakthrough in electric aviation and urban mobility.
Aircraft & Propulsion

By Ben Goldstein
Lilium insists things are business as usual while the German insolvency process plays out, as it continues to pursue customer deals.
Advanced Air Mobility

By Ben Goldstein
The AAM industry has endured a tough couple of years, during which capital markets have mostly dried up for all but the most bullish market leaders.
Aircraft & Propulsion

By Graham Warwick
Multiple private and public entities across the region have aligned behind the drive to be a leader in advanced air mobility.
Advanced Air Mobility

By Graham Warwick
Our roundup of the main aerospace and defense stories making the news this week.
Aircraft & Propulsion

By Ben Goldstein
Lilium burned through more than $1.4 billion without achieving first flight of its Lilium Jet. Shareholders and customers want answers.
Advanced Air Mobility

By Ben Goldstein
Volocopter retained the top slot in the latest edition of the AAM Reality Index.
Advanced Air Mobility

By Angus Batey
Amid the fallout from Lilium’s filing for insolvency, attention is turning to a comparatively little-noticed aspect of the advanced air mobility industry.
Advanced Air Mobility

By Ben Goldstein
The AAM Stock Composite rose 2.5% during the month of October, a modest result that masks deeper financial strain at many eVTOL startups.
Advanced Air Mobility

By Ben Goldstein
Lilium has announced its decision to file for insolvency under German bankruptcy law for its two principal subsidiaries; the move did not come as a shock.
Advanced Air Mobility

By Jens Flottau
While the company has made significant progress in development and was nearing first flight of a production-standard aircraft, it has run out of time and money.
Advanced Air Mobility

By Jens Flottau
Advanced air mobility startup Lilium plans to file for self-administered insolvency in Germany.
Advanced Air Mobility

By Jens Flottau
The advanced air mobility startup has few options left as it urgently seeks fresh funding. A bankruptcy filing has become a more likely scenario.
Advanced Air Mobility

By Jens Flottau
Lilium is urgently seeking further rescue options after the German budget committee rejected a proposed €50 million loan guarantee for the startup.
Advanced Air Mobility

By Jens Flottau
Lilium has received initial approval for a €220 million ($240 million) French government support package, industry sources tell Aviation Week.
Advanced Air Mobility

By Graham Warwick
Lilium “requires additional capital immediately to continue to fund its ongoing operations.”
Advanced Air Mobility

By Graham Warwick
To achieve power-on, Lilium applied 900-volt external power to the aircraft, where it was converted to lower voltage to supply electrical and avionics systems.
Advanced Air Mobility