But an email on behalf of interim managing director Severin Tatarczyk sent to all staff on 14 February, seen by FlightGlobal, says, “There will be no insolvency filing today as there are still ...

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 ...

FRANKFURT—German electric aircraft startup Lilium has suspended operations and may be forced to file for insolvency again shortly, several sources familiar with the situation tell Aviation Week.

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 ...