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The Latest Breaking News from Lilium

Slovak Entrepreneur Funding Rescue Of German Flying Taxi Startup

A Slovak entrepreneur is providing most of the funds to rescue a German flying taxi startup that came close to collapse last month, the firm's new backers said Thursday.

International Business Times

Investors Swoop In To Save German Flying Taxi Startup

Mobile Uplift Corporation, a company set up by a consortium of European and North American investors, had signed a deal to buy the assets of the crisis-hit German company, Lilium said.

Latin Times

Investors Swoop In To Save German Flying Taxi Startup

A German flying taxi startup was Tuesday saved from collapse after a consortium of investors swooped in at the 11th hour to take over the ailing firm.

International Business Times

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Troubled Boeing stays close to the ground at a major UK air show

European planemaker Airbus plans to show off its newest passenger jet with daily flight demonstrations during one of the world’s biggest aviation trade fairs

The Independent UK

German Electric-Aircraft Maker Sets Up APAC Headquarters in Shenzhen

Lilium, which makes vertical takeoff and landing vehicles, joins EHang and Shanghai AutoFlight in the southern metropolis as the city seeks to boost its low-altitude economy

Caixin Global

Lilium And Swiss Firm To Expand Operations In France

Lilium and a Swiss firm are expanding operations in France, showcasing confidence in the country's business environment.

Top News

Your electric flying taxi is just around the corner

Prototypes are finally taking off after a difficult time for investors, and some surprising challengers have joined the race

The Guardian - UK

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Saudia to Buy Up to 100 Lilium Electric Aircraft for Domestic Network

Saudi Arabian Airlines (Saudia) has signed an agreement with German air taxi developer Lilium to buy up to 100 of its aircraft for use on Saudia's domestic network, the state carrier's chief executive said on Wednesday.

Asharq Al-Awsat

Stock Market Closes Sharply Higher As Key Inflation Rate Lower Than Expected; Tesla, Boeing, Apple Lead Indexes

The stock market extended its rally to a third day as a key inflation rate came in lower than expected. Tesla, Apple, Boeing led.

Investors Business Daily

Benzinga's Top Ratings Upgrades, Downgrades For April 28, 2022

Benzinga

Lilium Stock Flies As NetJets Intends To Buy 150 Jets

eVTOL jet maker Lilium NV (NASDAQ:LILM) has signed a Memorandum of Understanding for a proposed strategic partnership with private aviation company NetJets Inc. and aviation training company FlightSafety International. The MoU provides NetJets with the right to purchase up to 150 Lilium aircraft. NetJets also anticipates supporting Lilium with a private sales campaign for…

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