Our New York-based editors know this struggle well, and we take every opportunity we can to ditch the snow for a quick dose ...

The company behind the Lilium Jet has filed for insolvency after its funding option dried up and promises of new financing ...

Manufacturer was building an electric vertical takeoff and landing (eVTOL) jet to fly up to seven passengers on city-to-city ...

Lilium Aerospace's short-lived existence has ended in insolvency after the company failed to secure funding from its backers ...

Lilium Files For Bankruptcy Again As Funding Proves Elusive is published in Advanced Air Mobility Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN ...

German electric aircraft manufacturer Lilium has filed for bankruptcy for the second time following a failed rescue attempt.

Around 1,000 employees – including more than 200 who were made redundant by Lilium GmbH and Lilium eAircraft GmbH in mid-December – are affected, page founder Sibel Kurtcebe writes.

Lilium, which has pioneered eVTOL aircraft development in Europe for more than a decade, is being shut down after a delayed ...

German air taxi developer Lilium Aerospace has filed for insolvency for a second time, saying that it has failed to secure funding and casting doubt on its ability to fulfil orders. The company, which ...

Lily superyacht concept showcases a striking visual identity with an asymmetrically sculpted exterior and a split-level ...

LYON—Safran Cabin and Safran Seats, the two companies comprising Safran's branch in aircraft interiors, have seen their financial situation improving over the last two years and broke even last ...

The European company started delivering the new aircraft—the A321XLR—late last year against a backdrop of manufacturing upheaval and financial strain at its American rival. So far the XLR has ...