The German airline's leading private shareholder had opposed state aid, which was contingent on the government taking a 20 percent stake in the company.
Through the newly-acquired ExecuJet FBO at Paris Le Bourget Airport, the Paragon Aviation Network has gained a foothold at the key European destination.
Sameer Saveni from UK industry group ADS says UAM pioneers have reached an inflection point from which a smaller number of eVTOL contenders will emerge.