Lilium Secures Loan Guarantee From Bavaria

Jens Flottau September 10, 2024
Lilium
Credit: Lilium
FRANKFURT—The Bavarian state government has cleared the way for a €50 million ($55 million) loan guarantee to support advanced air mobility startup Lilium. The amount is expected to rise to €100 million as the German federal government has pledged to contribute to the aid package equally. Lilium has...
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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