VTOL developer Lilium has confirmed that two of its principal subsidiaries will file for insolvency and apply for ...

The Lilium Jet, priced at $10 million, was scheduled to take its first planned flight in early 2025. The company had promised ...

The Bavarian air taxi developer Lilium has announced that it will file for insolvency proceedings for its two most important ...

Stellantis announced a deal with air taxi startup Archer to mass-produce the company’s electric vertical takeoff and landing ...

Flying taxi startup Lilium faces significant risk of going bankrupt or shutting down if it can’t raise additional funds.

A German flying taxi pioneer that was once valued at more than €3bn (£2.5bn ...

Follows German parliament's Budget Committee not approving a loan guarantee that was a condition precedent to a private fundraiseCompany was also unable to reach an agreement in principle with Bavaria ...

A German flying taxi startup is expected to file for bankruptcy, US market regulators said on Thursday, a week after the firm ...

Seven years after its first test flight, German electric air taxi manufacturer Lilium has run out of funding and filed for ...

Munich-based Lilium, the developer of the first all-electric vertical take-off and landing (“eVTOL”) aircraft, announced that is planning to apply for self-administration proceedings in a German court ...

Hedge funds and asset managers are betting on declines in the pound ahead of the Budget, according to a Wall Street bank.

Rachel Reeves has admitted that some working people will face tax rises at her maiden Budget next week, committing only to ...