Debate Intensifies Over State Aid for Struggling Lilium Flugtaxi Start-up
The German government is divided on whether to provide financial support to the Bavarian aviation company facing potential insolvency.
- Lilium, a Bavarian company developing electric air taxis, is seeking state aid to avoid insolvency amid financial difficulties.
- The proposed aid involves a €100 million loan guaranteed equally by the federal government and the state of Bavaria.
- Federal Transport Minister Volker Wissing supports the aid, citing the potential of air taxis for climate-neutral aviation.
- Opposition comes from FDP budget spokesman Frank Schäffler, who argues that federal funds should not be used for high-risk ventures.
- The decision on the state guarantee now rests with the Bundestag's budget committee, which is set to discuss the proposal.