In potentially another dramatic twist to Lilium's protracted collapse, rumours have surfaced of yet another last-ditch bid to ...

Certification of the Lilium Jet could easily have been achieved by late 2027 through the restructuring central to Lilium's ...

The acquisition of Volocopter by Zhejiang Wanfeng Auto Wheel Co for a knock-down price will fuel debate about Germany’s ...

Lilium, a German developer of electric vertical takeoff and landing (eVTOL) jets, is shutting down. Lilium’s two core subsidiaries ran out of cash in October, forcing it to file for “self ...

Once the leaders in a nascent market, German electric air taxi startups Lilium and Volocopter are clinging to diminishing hopes of financial rescue. The latter has joined the former in full insolvency ...

German electric aircraft manufacturer Lilium has filed for bankruptcy for the second time following a failed rescue attempt. The €200 million ($209.3 million) promised by an investor consortium ...

Airways analyzes the insolvencies and funding failures of eVTOL innovators in the Advanced Air Mobility Sector.

A high-stakes corporate dispute has divided the Gambia Court of Appeal, with justices delivering sharply contrasting opinions ...

FRANKFURT—Electric aircraft manufacturer Lilium Aerospace filed for insolvency Feb. 21 after its main investor failed to provide promised funding for the rebuilding of operations, likely ending ...

Kodaikanal prepares for tourist season with streamlined e-pass system, road repairs, fire prevention, and improved infrastructure.

Eve Holdings, supported by Embraer, is focused on eVTOLs and air traffic software, offering long-term potential despite ...