Finance, Taxes, Insurance
Lilium Reports Firm eVTOL Aircraft Orders as Buyout Search Continues
Luxaviation/Sigma Air Mobility partnership plans eVTOL services in Europe and beyond
Lilium eVTOL aircraft operating near Antwerp, Belgium
AAMG is planning to operate Lilium Jet eVTOL aircraft in countries including Belgium.

The Dubai-based Ambitious Air Mobility Group (AAMG) has firmed up an order for eight Lilium Jet eVTOL aircraft. The company, which is a joint venture involving business aviation services group Luxaviation, Sigma Air Mobility, and The Ambitious Group, on December 5 confirmed it had signed a contract that also covers options for six more of the six-passenger aircraft.

The deal, which builds on an earlier letter of intent signed in March 2024, firms up AAMG’s plans to launch eVTOL air services in Amsterdam and Marbella in Spain. It was concluded while accountancy group KPMG is still seeking new buyers for Germany-based Lilium, which is operating under insolvency protection after failing to secure federal and state loans.