Aircraft Rescue Operations for Air Taxis Companies
AAMG Expresses Interest in Resurrecting Lilium's Flying Taxi Program
The European industrial and investment holding company, Ambitious Air Mobility Group (AAMG), has expressed a keen interest in acquiring and reviving the bankrupt flying taxi company, Lilium, based in Gauting, Germany. However, a final acquisition has not yet been confirmed [1][2][3].
The announcement was made in August 2025, following Lilium's bankruptcy in early 2025. The original operating companies filed for bankruptcy in late 2024 after a prior investor failed to deliver promised funds [1][2][3][4][5].
Robert Kamp, CEO of AAMG, believes that the technology developed by Lilium in Bavaria is groundbreaking, both technically and economically feasible. In fact, AAMG has previously ordered Lilium jets, indicating a long-standing interest in the company's work.
AAMG plans to invest over 250 million euros in the revived brand, with an additional 500 million euros in capital available for expanding operations in Europe and beyond [1]. The funds will be used to acquire Lilium's intellectual property, assets, and testing facilities, establish a European supply chain, and reactivate or recruit central technical and certification teams [1].
The revival of Lilium will also see the continuation of development and re-certification efforts for the Lilium Jet. AAMG intends to restart operations with significantly fewer administrative employees than before, focusing on the core teams necessary for the project's success.
Partner companies such as Luxaviation, Sigma Air Mobility, and Ambitious Group are involved in forming AAMG, and the group also plans to collaborate with a Japanese partner, AirMobility, as part of their broader strategy.
Despite AAMG's strong commitment and significant capital, the process is ongoing, and more progress in the Lilium case is awaited before further public details can be shared [1]. The insolvency administrator of Lilium was not reachable for a statement regarding a potential concrete offer from AAMG.
Meanwhile, employees of Lilium had to worry about their financial situation for a prolonged period, as reported by AZ, due to the company's insolvency. The deal did not materialize, leading to Lilium filing for insolvency for the second time.
In summary, AAMG’s position is a well-funded intent to acquire and revive Lilium’s program, but it has not yet materialized into a completed acquisition. The future of Lilium remains uncertain, but with AAMG's interest, there is hope for the continuation of the innovative flying taxi technology.
[1] Source 1 [2] Source 2 [3] Source 3 [4] Source 4 [5] Source 5 (Optional, if more sources are available)
Technology developed by Lilium in Bavaria has caught the attention of the investment sector, particularly in the finance and industry segments. Ambitious Air Mobility Group (AAMG) plans to invest over 250 million euros in the revival of Lilium, with an additional 500 million euros for expanding operations, demonstrating their interest in both the technology and the company's work.
