Air taxi maker Lilium up on tie-up with aero parts maker Aernnova

Lilium NV

25/05/2022 13:09

** Shares of air taxi maker Lilium  LILM.O  up 1.5% at $2.7
premarket 
    ** LILM picks aerospace component maker Aernnova to
collaborate on its jet's propulsion mounting system  urn:newsml:reuters.com:*:nGNX1kB6mf
    ** Spain-based Aernnova counts companies such as Airbus
 AIR.PA , Boeing  BA.N , Bombardier  BBDb.TO , Embraer
 EMBR3.SA  among its customers
    ** Up to Tuesday's close, LILM shared had lost ~62% of their
value this year 

 (Reporting by Kannaki Deka in Bengaluru)
 ((Kannaki.Deka@thomsonreuters.com))