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 ...

Lilium Aerospace’s short-lived existence has ended in insolvency after the company failed to secure funding from its backers in time. Revealing on 21 February that it had reached the end of the ...

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 ...