Lilium Marks Continued Progress Despite Insolvency

lilium shuttle

Lilium plans to launch the first crewed flight with its full-scale Lilium Jet next year.

Credit: Lilium
Following Lilium’s insolvency filing, many watchers of the advanced air mobility industry wrote the German startup off as dead. But Lilium insists it is business as usual while the insolvency process plays out. Roughly similar to Chapter 11 bankruptcy in the U.S., the German self-administration...
Ben Goldstein

Based in Boston, Ben covers advanced air mobility and is managing editor of Aviation Week Network’s AAM Report.

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