Lilium will not receive German federal loan guarantee

news

Yves Le Marquand

17 Oct 24

0

UPDATED: Lilium will continue negotiations with Bavaria for a €50m loan after its application for a federal loan guarantee worth the same amount was denied…

Read more

Lilium CEO hits out at ‘misunderstandings’ over German state bank loans

news

Yves Le Marquand

14 Oct 24

0

Klaus Roewe, CEO and executive director of German eVTOL developer Lilium, has responded to what he calls “misunderstandings” regarding the firm’s loan from German development…

Read more

Lilium and Saudia announce binding order for at least 50 aircraft

news

Yves Le Marquand

18 Jul 24

0

Saudia and Lilium have signed a binding sales agreement for 50 Lilium Jets, with options for the purchase of 50 more.  The agreement marks the largest of…

Read more

Lilium CEO expects state loan guarantees in matter of weeks

news

Yves Le Marquand

14 Jun 24

0

Lilium expects to receive guarantees from the Federal Government and the State of Bavaria as security for a loan from the German state bank KfW…

Read more

Lilium establishes entity to expand role in Chinese market

news

Yves Le Marquand

10 Jun 24

0

Lilium has signed an agreement with China’s Shenzhen-based Bao’an District to establish an entity in the country. The subsidiary, known by its English translation as Powerful Wing,…

Read more

Lilium expects state guarantees in Germany against loan worth €100m-plus

news

Yves Le Marquand

15 May 24

0

The positive answer Lilium was looking for from Germany appears to have been realised as the federal government and State of Bavaria commission state development…

Read more

Lilium names Johan Malmqvist as chief financial officer

news

Yves Le Marquand

25 Mar 24

0

German eVTOL developer Lilium has appointed Johan Malmqvist as chief financial officer (CFO). Malmqvist  has more than 25 years’ experience in CFO roles across a…

Read more

Lilium tightens belt, beats budget in 2023

news

Fayaz Hussain

29 Feb 24

0

Lilium reported strong financial performance in 2023, exceeding expectations in terms of cash burn and liquidity. “2023 was a pivotal year for Lilium,” said CEO…

Read more

Lilium and Fraport partner on commercial eVTOL network development

news

Yves Le Marquand

10 Jan 24

0

Lilium has signed a deal with airport operator Fraport to work together on developing a commercial eVTOL network. Active at 30 international airports across four…

Read more

Lufthansa and Lilium sign deal to explore eVTOL operations in Europe

news

Yves Le Marquand

8 Dec 23

0

Lilium and Lufthansa Group have signed a memorandum of understanding (MoU) to explore use cases for Lilium’s aircraft in Europe.  The pair plan to look…

Read more

First Lilium Jet fuselage on final assembly line

news

Yves Le Marquand

7 Dec 23

0

Lilium announced it has begun production of the Lilium Jet, following yesterday’s arrival of the first fuselage at the firm’s final assembly line.   The…

Read more

Lilium receives design approval from EASA

news

Yves Le Marquand

27 Nov 23

0

Lilium has received Design Organisation Approval from EASA further clearing the pathway towards type certification of its eVTOL.  The approval means the German eVTOL aircraft…

Read more

Michelin to make custom-designed tires for Lilium Jet

news

Yves Le Marquand

10 Nov 23

0

Lilium and Michelin have announced a partnership to produce custom tires for the Lilium Jet. The firms began working together more than a year ago…

Read more

Lilium beginning propulsion system assembly

news

Yves Le Marquand

29 Sep 23

0

Lilium is starting to put together the Lilium Jet’s electric propulsion system ahead of a first manned flight planned for late 2024. The assembly is…

Read more

Lilium and Aciturri begin building eVTOL

news

Yves Le Marquand

21 Sep 23

0

Lilium has begun fuselage assembly for the Lilium Jet with the help of strategic partner Aciturri. The aircraft, which remains on track for a first…

Read more