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Volare Executives Arrested

You may (or may not) remember an Italian low fare carrier that collapsed last year called Volare.  Well, today there may be a bit more insight as to what happened.  Italian police have arrested several Volare executives, accusing them of diverting cash from Volare’s accounts into a new airline they were starting.  The new airline,, is up and running, apparently on the stolen cash from Volare. 

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