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01 May 2025, 18:58 [ UTC - 5; DST ]


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 Post subject: Flying taxi pioneer that raised £1bn goes bust
PostPosted: 25 Oct 2024, 11:49 
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Joined: 11/20/16
Posts: 7060
Post Likes: +9310
Location: Austin, TX area
Aircraft: OPA
Lilium on life support.

https://www.msn.com/en-us/money/compani ... db1f&ei=83


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 Post subject: Re: Flying taxi pioneer that raised £1bn goes bust
PostPosted: 25 Oct 2024, 11:55 
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Joined: 11/08/12
Posts: 7261
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Location: Live in San Carlos, CA - based Hayward, CA KHWD
Aircraft: Piaggio Avanti
Username Protected wrote:
Lilium on life support.

Suspect they will not be the last...

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-Jon C.


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 Post subject: Re: Flying taxi pioneer that raised £1bn goes bust
PostPosted: 25 Oct 2024, 12:01 
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Joined: 12/18/07
Posts: 20814
Post Likes: +10014
Location: W Michigan
Aircraft: Ex PA22, P28R, V35B
how to make a small fortune in aviation?

Start with a large fortune.

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Stop Continental Drift.


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 Post subject: Re: Flying taxi pioneer that raised £1bn goes bust
PostPosted: 25 Oct 2024, 12:20 
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Joined: 12/08/12
Posts: 1215
Post Likes: +1595
Location: Ukiah, California
Username Protected wrote:
how to make a small fortune in aviation?

Start with a large fortune.
...especially with other people's money...

Dan


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 Post subject: Re: Flying taxi pioneer that raised £1bn goes bust
PostPosted: 25 Oct 2024, 16:00 
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Joined: 04/26/13
Posts: 21578
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Location: Columbus , IN (KBAK)
Aircraft: 1968 Baron D55
I’m stunned.

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My last name rhymes with 'geese'.


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 Post subject: Re: Flying taxi pioneer that raised £1bn goes bust
PostPosted: 25 Oct 2024, 16:31 
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Joined: 09/11/09
Posts: 5889
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Company: Middle of the country company
Location: Tulsa, Ok
Aircraft: Rebooting.......
Username Protected wrote:
I’m stunned.


That almost sounded sincere, John.

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Three things tell the truth:
Little kids
Drunks
Yoga pants

Actually, four things.....
Cycling kit..


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 Post subject: Re: Flying taxi pioneer that raised £1bn goes bust
PostPosted: 25 Oct 2024, 20:26 
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Joined: 12/22/07
Posts: 14232
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Company: Midwest Chemtrails, LLC
Location: KPTK (SE Michigan)
Aircraft: C205
P. T. Musk is now pimping flying cars …

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Holoholo …


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 Post subject: Re: Flying taxi pioneer that raised £1bn goes bust
PostPosted: 26 Oct 2024, 07:14 
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Joined: 06/17/14
Posts: 5846
Post Likes: +2623
Location: KJYO
Aircraft: C-182, GA-7
Username Protected wrote:
P. T. Musk is now pimping flying cars …


Musk is South African, not German. These folks that destroyed Euros were German.

Also, Musk knows better and hasn’t blown a few Billion US on a flying electric car. He probably read the Raptor threads. However, had he don’t it, somehow he would have found a profitable way to do so.

Nothing beats the efficiency of an airplane and helicopter. Nothing (yet) beats the energy density of Dino Juice. Mr. Reactor is still just a movie “stunt” and dark matter powered spaceships is still many years into the future. Ask Leela, Bender, and Fry about Nibbler’s dark matter.


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 Post subject: Re: Flying taxi pioneer that raised £1bn goes bust
PostPosted: 10 Jan 2025, 17:31 
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Joined: 11/15/17
Posts: 1049
Post Likes: +544
Company: Cessna (retired)
Username Protected wrote:
how to make a small fortune in aviation?

Start with a large fortune.
...especially with other people's money...

Dan


Shades of Jim Bede

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 Post subject: Re: Flying taxi pioneer that raised £1bn goes bust
PostPosted: 12 Jan 2025, 10:06 
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Joined: 01/11/11
Posts: 1200
Post Likes: +610
Company: FUSION
Aircraft: B300ER B200 C90 DHC6
Investors To Inject €200 + Million Into Relaunched Lilium
https://aviationweek.com/aerospace/advanced-air-mobility/investors-inject-more-eu200-million-relaunched-lilium

Lilium acquistion likely to complete by 20 January 2025 ahead of planned €200 million injection
https://www.flightglobal.com/aerospace/lilium-acquistion-likely-to-complete-by-20-january-ahead-of-planned-200-million-injection/161313.article


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