Lilium faces second bankruptcy as funding deal collapses

Lilium, the German electric aircraft manufacturer, has filed for bankruptcy for the second time, marking a significant setback in the burgeoning air taxi industry. This latest insolvency filing comes after a failed €200 million rescue deal, which was intended to revitalise the company’s operations. The promised funds from the European-American investor consortium never materialised, leading […]

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Lilium appoints KPMG for M&A process as part of court-approved restructuring

Financial

Lilium N.V., the electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), has appointed KPMG to lead an open, transparent and fair M&A process, with initial investor briefings set to begin soon. This follows a significant step in Lilium’s restructuring, as the local court in Weilheim has approved the insolvency filing of Lilium’s German

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Lilium N.V. announces insolvency filing for German subsidiaries amid funding setback

Financial

Lilium N.V., the electric aircraft manufacturer, has confirmed that its principal German subsidiaries will initiate applications for self-administration proceedings in the coming days. This move follows a protracted and complex government approval process for a loan from KfW, which was ultimately declined by the Budget Committee of the German Parliament. As Lilium’s international competitors benefit

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Lilium Jet, the all-electric vertical take-off and landing jet

GE Aerospace and Lilium join forces to build eVTOL safety standards

MRO & Production

With eVTOL (electric vertical take-off and landing) aircraft set to become commercially viable in the coming years, GE Aerospace has partnered with Lilium, the electric aircraft manufacturer and pioneer in regional air mobility (RAM), to lay a robust safety foundation for this new mode of transportation. Together, the companies are combining their flight data and

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Lilium completes first systems power-on of Lilium Jet

MRO & Production

Lilium has achieved a major milestone with the successful completion of the first systems power-on test of its revolutionary all-electric Lilium Jet. This procedure, carried out on the first in-production Lilium Jet (MSN 1), marks a crucial step towards the aircraft’s first flight and eventual certification. The test confirms that the jet is being constructed

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Lilium completes initial phase of electrical power system testing

MRO & Production

Lilium has successfully completed the first phase of integration testing for the Lilium Jet’s electrical power system at its custom-built laboratory. This achievement marks a significant milestone on the path towards flight conditions approval and type-certification of the Lilium Jet. As the first two Lilium Jets progress on the production line, engineers are already verifying

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Saudia Group has ordered 50 firm and 50 optional Lilium Jets © Lilium

Lilium secures major order from Saudia

Aircraft & Engines

Just one day after Lilium announced that the first manned flight of its Lilium Jet has been postponed to 2025, the eVTOL aircraft developer and pioneer in Regional Air Mobility (RAM) was able to secure a major order for 100 Lilium Jets from Saudia Group. The companies have signed a binding sales agreement for 50

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Klaus Roewe (l) CEO of Lilium and Yong Ni (l), a representative of the Bao’an District © Lilium

Lilium establishes APAC regional HQ in Bao’an District

MRO & Production

Lilium has signed a collaboration agreement with the Shenzhen-based Bao’an District. Under the agreement, Lilium has established its [APAC] regional headquarters in the district through its recently created Chinese entity (力翎航空), meaning “Powerful Wing”. The collaboration will position Lilium as an active and contributing industry player in the region’s low-altitude economy, fostering relationships with local

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Executives from Dedienne Aerospace and Lilium at EBACE – Geneva, Switzerland © Dedienne Aerospace

Dedienne Aerospace and Lilium forge pivotal agreement

MRO & Production

Dedienne Aerospace, a frontrunner in aerospace maintenance tooling, is thrilled to announce a pivotal licence agreement with Lilium, an original equipment manufacturer (OEM) of eVTOL aircraft. This collaboration underscores the shared vision of both companies to transform civil aviation through innovative technologies and operational performance. Lilium, celebrated for its ground-breaking contributions to the eVTOL sector,

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Lilium and SEGULA begin building Lilium Jet test facility

Other News

Lilium N.V., developer of the eVTOL Lilium Jet and a global pioneer in regional air mobility (RAM), in partnership with SEGULA Technologies, has begun construction of an advanced test facility for integration and certification testing of the Lilium Jet. Located at Lilium’s headquarters near Munich, Germany, the state-of-the-art facility is scheduled to become operational in

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Lilium faces second bankruptcy as funding deal collapses

Lilium appoints KPMG for M&A process as part of court-approved restructuring

Lilium N.V. announces insolvency filing for German subsidiaries amid funding setback

GE Aerospace and Lilium join forces to build eVTOL safety standards

Lilium completes first systems power-on of Lilium Jet

Lilium completes initial phase of electrical power system testing

Lilium secures major order from Saudia

Lilium establishes APAC regional HQ in Bao’an District

Dedienne Aerospace and Lilium forge pivotal agreement

Lilium and SEGULA begin building Lilium Jet test facility

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