Lilium has named business aircraft brokerage ArcosJet DMCC as its exclusive authorized dealer for private aircraft sales in Cyprus, Israel and the UAE.
The AAM Stock Composite declined by more than 10% last week, its second straight double-digit weekly loss, falling to its lowest level since early January.
Heart Aerospace's ES-30 electric regional aircraft is the first Part 25 transport-category application for Honeywell’s paperback-sized flight control computer.
The company has been testing a subscale demonstrator for its Lilium Jet for more than a year and is nearing buildup of an aircraft for certification flight tests.
Lilium CEO Klaus Roewe spoke with the AAM Report on the sidelines of the 2023 Paris Airshow to talk about Lilium's recent string of positive developments.