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Other News - 04/28/2005

Six former executives of Volare Airlines have been arrested and accused of diverting funds to set up a new carrier, Reuters reported. "The diversion of funds was aimed at creating the necessary capital for the new airline, which not by coincidence used people, means and structures from the Volare Group," financial police investigating the demise of the Italian carrier said in a statement. The statement did not name the new airline.

 

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As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.


 

As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.