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Volare Group: bank aid to start again

Milan, Italy - Rinaldini appears to be near and agreement with some banking companies

According to certain info, after the appointment of the new Director General (see for details AVIONEWS), Volare special commissioner could reach in a short time an agreement with some banking companies: that is a necessary manoeuvre to reorganize the Group which has been declared in state of insolvency by the Busto Arsizio (Milan) Tribunal and being under a penal investigation. Volare planes were grounded...

AVIONEWS - World Aeronautical Press Agency - 114577
Rome, Italy, 02/18/2005 12:03
AVIONEWS - World Aeronautical Press Agency

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