US opens US$500 mil fund for relatives of Boeing 737 MAX victims

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Each eligible family will receive nearly US$1.45 million, which will be paid in instalments. FMTNews

The wreckage of an engine from the Lion Air flight 610 in Jakarta in 2018.

Each eligible family will receive nearly US$1.45 million and money will be paid on a rolling basis as claim forms are submitted and completed, said administrators Ken Feinberg and Camille Biros in a joint statement. Families have until Oct 15 to complete claim forms.The fund is part of a US$2.

While Boeing has mostly settled Lion Air lawsuits, it still faces numerous lawsuits in Chicago federal court by families of the Ethiopian crash asking why the MAX continued flying after the first disaster. Some lawmakers say the government did not go far enough, while Boeing says it has taken numerous steps to overhaul its safety culture.

 

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