Lilium To File For Self-Administered Insolvency

Jens Flottau October 24, 2024
Lilium
Credit: Lilium
FRANKFURT—Advanced air mobility startup Lilium plans to file for self-administered insolvency in Germany. The company said in an Oct. 24 filing to the U.S. Securities and Exchange Commission (SEC) that its principal German subsidiaries Lilium GmbH and Lilium eAircraft GmbH “are overindebted and are...
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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