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Volare Group: Andrea Molinari resigned

Milan, Italy - Shareholders are ready for the capital raise

Yesterday evening, around 10:30pm, the Volare Board of Directors, acknowledged the decision of CEO Andrea Molinari to abandon the Group: reason are still unknown. The event could open the way of holding recapitalization, due shareholders just last evening said they are ready for the capital raise. Yesterday, it also circulated the false news that Volare risked the seizure of 4 aircraft, among which...

AVIONEWS - World Aeronautical Press Agency - 105879
Rome, Italy, 10/22/2004 12:48
AVIONEWS - World Aeronautical Press Agency

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