Lack of Funding Stops Work at Lilium and Eviation. Is Electric Aviation Going Bust? – FutureFlight

Lilium’s dream of bringing a six-passenger eVTOL aircraft to market seems to have ended in insolvency, while Eviation has had to lay off almost all staff as its main shareholder seeks new backing. Plus, Airbus appears to be slowing down its efforts to electrify aviation in what could make a turning point for a major aerospace industry trend. FutureFlight editors Hanneke Weitering and Charles Alcock discuss what exactly is happening and what it means. ___________________________________________________ Visit http://www.ainonline.com for all the latest on the aviation industry, and AIN sister site http://bjtonline.com for the most comprehensive resource available for anyone using—or interested in trying—private flight. Visit https://www.ainonline.com/futureflight for all the news on developing aviation technology. Subscribe to the daily AIN Alerts newsletter: https://www.ainonline.com/ain-alerts-... Subscribe to the FutureFlight newsletter: https://connect.ainonline.com/futuref... Subscribe to BJT Waypoints: https://www.bjtonline.com/subscribe Follow AIN on Instagram   / ain_online   Like AIN on Facebook   / ainpublications   Follow AIN on Twitter   / ainonline   Follow AIN on LinkedIn   / aviationinternationalnews   Follow FutureFlight on Instagram   / futureflightain   Like FutureFlight on Facebook   / futureflightain   Follow FutureFlight on Twitter   / futureflightain   Follow FutureFlight on LinkedIn   / futureflight   Follow BJT on Instagram   / bjtonline   Like BJT on Facebook   / business.jet.traveler   Follow BJT on Twitter   / bjtonline   Follow BJT on Linkedin   / business-jet-traveler   Aviation International News https://www.ainonline.com Business Jet Traveler https://www.bjtonline.com FutureFlight https://www.ainonline.com/futureflight #aviation #technology #news