FRANKFURT— Bankrupt German leisure airline Germania will be permanently shut down, its administrator Rüdiger Wienberg said Mar. 25. “It was clear from the beginning given the circumstances that it would be extremely difficult to rescue [the airline],” Wienberg wrote. “Germania was grounded, we had no owned aircraft and no money to pay for lease rates. We rolled out the red carpet for interested parties, but unfortunately no one could or wanted to walk across ...

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