Kenan Advantage Group announced the acquisition of Texas-based XBL. The post Kenan Advantage Group acquires Texas-based XBL ...

The air-taxi industry faces financial difficulties, highlighted by Germany's Lilium succumbing to a cash crisis. Despite ...

If you suffered losses exceeding $50,000 in Lilium between June 11, 2024 and November 3, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at ...

The race to become the first Western air-taxi company to carry passengers lost a high-profile competitor this month when ...

Lilium's financial crisis underscores significant challenges for Western air-taxi companies, highlighting investment shortfalls and certification delays. While raising $13 billion since 2019, the ...

Makers of electric vertical take-off and landing aircraft (eVTOL), commonly known as air taxis, have raised roughly $13 ...

Europe's flying taxi leaders are burning through cash — and investors aren't rushing to fill the gap for eVTOL startups ...

Volocopter has named ex-Lilium executive Oliver Vogelgesang as its new chief financial officer, effective immediately.

One of the most high-profile casualties is Lilium. The German company had developed a radical take on the EVTOL theme. Lilium ...

Law Offices of Howard G. Smith reminds investors of the upcoming January 6, 2025 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Lilium N.V. ("Lilium" ...