The group of investors seeking to take over electric aircraft manufacturer Lilium plans to invest more than €200 million ($205 million) into the insolvent company.

Civic leaders say the company's infrastructure investments at Camarillo Airport (CMA) and Trenton-Mercer Airport (TTN) will bring 'investment, jobs and revenue' to local communities.

The aviation industry is at the cusp of a sustainability revolution, reflecting initiatives like the U.S. Aviation Climate Action Plan and the general aviation industry’s ambitious commitment to achieve net-zero carbon emissions by 2050.

New Avina plant will produce 120 million gallons of sustainable aviation fuel annually, preventing 25 million metric tons of carbon emissions over its lifespan.

Beta Technologies has installed an electric aircraft charging station at Atlantic Aviation’s FBO at Westfield-Barnes Regional Airport (KBAF) in Westfield, Massachusetts.

Archer Aviation announced it has completed construction of a new 400,000 square-foot eVTOL manufacturing facility in Georgia and is already implementing tooling to begin building its proprietary Midnight aircraft in early 2025.