I mentioned above how owners don't like their logos displayed on derelict aircraft. In fact, while the owner was having an employee paint over the registration, I joked that for a small additional fee, we would paint an American Airlines logo on the tail. He was so tickled he just about pissed himself. While we did no such thing, he bought me a beer that night at the hotel.
Doug, in the interest of confidentiality, I'm not naming names, there are ongoing lawsuits over this accident. But, having said that, and even taking into account the update notice at the top of that registration notice, it's just plain wrong.
The airline went bankrupt about a month after this accident, and has since changed hands, operating under the same name. Regardless, since the insurance company paid off the policy, they are now the owners of the aircraft.
After the lawsuit is settled, the insurance company will repair and sell the aircraft. Or it's possible that Wings Aviation Inc is just a holding company or broker for the insurers, or possibly a leaseholder?
Above my pay grade, I just fix 'em.