GERMAN WINGS TO RETURN LEASED PLANES

GERMAN WINGS TO RETURN LEASED PLANES

The six leased MD-83 planes used by the bankrupt German Wings airline will be returned to their owners, the law firm in charge of liquidating the failed German airline company said.

Four of the six planes were leased by Franz und Frieda Burda, two entrepreneurial brothers who also owned 45 percent of the airline. The French Banque Nationale de Paris owns one plane, and DG Leasing, the leasing subsidiary of a large German bank, owns the other.German Wings went out of business April 30, after vain attempts by Peter and Christian Kimmel, the company's directors, to find a takeover partner. The company, which was in business slightly more than one year, couldn't compete with partly state-owned Lufthansa German Airlines because it couldn't get prime slot space at major West German airports.