International media reports say Boeing Co. is offering 100 million U.S. dollars to support the families of victims and others affected by two crashes of its 737 Max jetliner, which killed 346 people and have led to scores of lawsuits.
Boeing faces dozens of lawsuits over the crashes in October and in March. Relatives of passengers on a Lion Air Max that crashed off the coast of Indonesia last year agreed to try to settle through mediation, but families of passengers killed in an Ethiopian Airlines crash are waiting until more is known about the accidents, according to CBS News.
Boeing said Wednesday in a statement that the funds “will support education, hardship and living expenses for impacted families, community programs, and economic development in impacted communities.”
According to the statement, Boeing will partner with local governments and non-profit organizations to address these needs. The funds would be committed over multiple years.
The total averages about $289,000 per crash victim, although the amount any person receives could be far less once payments are made to all stakeholders.
The company isn’t placing restrictions related to litigation over how the money can be used, Boeing spokesman Charles Bickers said, according to Bloomberg.
The pledge -- described as an “initial outreach” -- underscores the high stakes for Boeing as it navigates one of the worst crises in its 103-year history. The Chicago-based planemaker has come under scrutiny from wary passengers, investors, customers and regulators after a pair of fatal crashes prompted the grounding of its marquee Max jet family.
Settling lawsuits on behalf of victims could cost Boeing about $1 billion, Bloomberg Intelligence estimated, although legal experts have said payouts could be higher if evidence shows that Boeing knew about flaws in the planes before the tragedies.
Tajikistan sends humanitarian aid to the flood-affected Kazakhstan
Tajikistan presents its tourism opportunities at High-Level Tourism Policy Forum in Korea
Tajik, Kyrgyz border services make joint statement
Russia to be with Taliban along the way? Russia preparing to recognize the Taliban regime in Afghanistan
Iranian media reports say three drones downed after explosions heard in Isfahan
Many regions in Russia impose more and more restrictions on the types of jobs migrants can hold
USAID launches a new US$18 million initiative to boost economic growth in Tajikistan
Tajikistan, Uzbekistan sign the Allied Relations Treaty
Tajik, Uzbek leaders discuss issues of expanding bilateral cooperation between their countries
Tajik-Uzbek Investment Company plans to finance implementation of 14 projects with a total worth of US$135 million
All news
Авторизуйтесь, пожалуйста