Former Airbus CEO Thomas Enders To Chair Lilium after Qell Merger

The board of German eVTOL aircraft developer Lilium will be lead by former Airbus CEO Thomas Enders following its imminent completion of its planned IPO merger with special purpose acquisition company Qell.

Lilium Jet interior — Lilium has published images of cabin interior mock-ups for its six-passenger eVTOL aircraft. (Image: Lilium)

By Charles Alcock • Managing Editor

June 16, 2021

Former Airbus CEO Thomas Enders will serve as chair of Lilium’s board of directors after the German eVTOL aircraft developer completes its merger with special purpose acquisition company Qell. The deal, which is set to generate total proceeds of around $830 million, is due to be concluded by the end of June.

Lilium announced Enders’ appointment during its inaugural Analyst Day event on June 15. Enders, who joined the companies advisory board in January, said he is, “focused on expanding this world-class board of directors to support CEO Daniel Wiegand and his great management team, and set the course for success.” Qell founder and CEO Barry Engle is also a board director.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

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