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(Reuters) -The race to become the first Western air-taxi company to carry passengers lost a high-profile competitor this month when Germany's Lilium succumbed to a cash crisis, throwing a fresh ...
Unmanned flight testing of the five-seat Lilium Jet took place at Oberpfaffenhofen airfield near Munich. It first flew in May 2019. [4] [5] By October 2019, after 100 flights, it could transition from vertical to horizontal flight, reaching over 100 km/h (54 kn), but not yet fully horizontal. It managed 25° banked turns, high ascent/descent ...
In parallel, Lilium reports continuing program momentum both on the commercial and technology side as the company gears up towards first manned flight of the all-electric Lilium Jet. M&A process continues as planned Following Lilium’s insolvency filing and the start of preliminary insolvency proceedings under self-administration, the M&A ...
In October 2019, Lilium released footage showing the Jet in full flight, taking off vertically and transitioning to horizontal flight. [12] Lilium also announced the completion of its first manufacturing facility in October 2019. [13] In November 2020, Lilium announced a partnership with the developer Tavistock Development Company to build a ...
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MUNICH (Reuters) -Germany-based air taxi developer Lilium on Thursday clinched its biggest order yet in a deal for Saudi airline Saudia Group to purchase up to 100 of its all-electric flying ...