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 BUELACH, Switzerland (AP) - All 19 executives and consultants charged in the collapse of Switzerland's former national carrier Swissair were acquitted Thursday and will receive compensation totaling more than 3 million Swiss francs ($2.5 million), a judge in the case said.
Swissair was abruptly grounded on Oct. 2, 2001, after months of financial problems left it unable to pay for fuel and landing fees. Tens of thousands of passengers were stranded worldwide. Thousands of employees and shareholders lost their life savings.
Swiss politicians demanded that former executives be held responsible.
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