Lilium

Hydrogen-electric VTOL bizjet; AeroHT flies tiltwing eVTOL; hydrogen-testbed Bonanza; carbon-neutral single-aisle.

The AAM Stock Composite rose 14% during 2023, in line with the Dow Jones Industrial Average’s performance.

The AAM Reality Index was little changed in December, leaving Volocopter positioned in the top-ranked slot.

The AAM Stock Composite added another 3.1% during the week ending Dec. 15.

A UK team completes ATM simulations for advanced air mobility while an EU-funded project staff addresses the transition from piloted to automated flights.

Lilium and Lufthansa plan to explore a strategic partnership that may see the carrier integrate the Lilium Jet eVTOL into its fleet.

Lilium has announced the start of production of its initial batch of type-conforming Lilium Jets.

Receiving the design organization approval means that Lilium is now entitled by EASA to design, develop and hold a type certificate for its Lilium Jet.

Lilium has gone on the offensive against damaging skepticism about the technical viability of its electric vertical-takeoff-and-landing design.

The AAM Stock Composite crashed by 9% during the week ending Nov. 10, bucking a generally positive performance across U.S. equity markets.

Abu Dhabi-based business aviation operator Falcon Aviation Services has partnered with Chinese eVTOL developer AutoFlight to advance AAM in the UAE.

Lilium has signed up a supplier of silicon-anode battery cells for its Lilium Jet electric air taxi.

Germany’s Volocopter has dislodged Joby Aviation from the top slot in the latest AAM Reality Index.

The AAM Stock Composite rebounded by more than 12% during the week ending Nov. 3, reversing a stretch of large weekly losses.

Lilium has named business aircraft brokerage ArcosJet DMCC as its exclusive authorized dealer for private aircraft sales in Cyprus, Israel and the UAE.

The AAM Stock Composite declined by more than 10% last week, its second straight double-digit weekly loss, falling to its lowest level since early January.

The AAM Stock Composite crashed by more than 11% during the week ending Oct. 20.

Lilium has partnered with aircraft brokerage EMCJET to offer its Lilium Jet for sale to private customers.

The nascent advanced air mobility industry has acted as catalyst for new avionics development.

The biggest loser was Surf Air Mobility, which dropped 17.2% to $1.35.

Hyundai’s Supernal division has opened its primary research and development facility in Fremont, California.

The launch customer for the Pioneer Edition of the Lilium Jet has already sold an undisclosed number of its initial batch of 10 aircraft.

The milestone follows completion of an industrial program review by Lilium and Aciturri in late August.

Lilium has selected experienced supplier Saint-Gobhain Aerospace to provide the cabin windows and cockpit windshield for the Lilium Jet.

Heart Aerospace's ES-30 electric regional aircraft is the first Part 25 transport-category application for Honeywell’s paperback-sized flight control computer.