A Slovak entrepreneur is providing most of the funds to rescue a German flying taxi startup that came close to collapse last ...

FRANKFURT—The group of investors seeking to take over electric aircraft manufacturer Lilium plans to invest more than €200 ...

Airbus’ four-seater eVTOL demonstrator, CityAirbus, will take its first test flight this year and debut commercially in 2023, while the five-seater Lilium Jet is set for commercial launch in 2025.

Lilium has not yet conducted a single manned test flight, but it has been actively purchasing advanced equipment for the assembly of air taxis, which has led to significant financial costs. Lilium NV ...

Lilium has worked hard to test its jet ahead of the planned 2026 deliveries ... For example, Future Flight Global has signed ...

After vertical lift is achieved, Lilium's craft transitions to horizontal flight, carrying a helicopter-sized fuselage with a ...

Lilium had already filed for bankruptcy in ... But it has yet to conduct a manned test flight. The first trial is expected next year, followed by the first deliveries to customers in 2026.