German flying taxi startup Lilium to file for bankruptcy

Quick Summary:

It comes a week after the firm failed to gain crucial state backing.

Besides its headquarters and manufacturing facilities in Munich, it also has staff in several other locations in Europe and the United States.

Lilium was founded in 2015 and employs more than 1,000 people.

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Article Details

Category: EconomyBusiness

Markets: SingaporeGermanySaudi ArabiaUnited States

Topics: Refused Million) (s$70 Guarantee €50 Approve Tune First Lilium Loan Million

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-25 @ 01:29:02 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 362 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 23228262

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 10 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 8 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Publisher ID: #25

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