Lilium earlier this week announced a second bankruptcy and we await news on whether Volocopter has a future — meanwhile, ...

Airways analyzes the insolvencies and funding failures of eVTOL innovators in the Advanced Air Mobility Sector.

A high-stakes corporate dispute has divided the Gambia Court of Appeal, with justices delivering sharply contrasting opinions on whether court documents were properly served on Vista Bank Gambia's ...

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

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

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

Desperate Lilium Aerospace employees who have gone almost two months without pay have been forced to turn to crowdfunding in ...

The plans to save the electric flying taxi developer Lilium have failed again. Lilium filed for insolvency again this Friday at Weilheim Local Court, as ...

German eVTOL developer Lilium ( Oberpfaffenhofen) announced it filed for insolvency on February 21 after last-ditch funding ...

The provisional insolvency proceedings at air taxi manufacturer Volocopter are turning into regular insolvency proceedings.

German electric aircraft manufacturer Lilium has filed for bankruptcy for the second time following a failed rescue attempt. The €200 million ($209.3 million) promised by an investor consortium to ...

FRANKFURT—Electric aircraft manufacturer Lilium Aerospace filed for insolvency Feb. 21 after its main investor failed to provide promised funding for the rebuilding of operations, likely ending the ...