Latest News

Boeing launches victims fund over crashes

boeing 737 3917327 640

US aeroplane maker Boeing has launched a compensation fund for the relatives of those who were killed in crashes involving the company's 737 MAX model in Indonesia and Ethiopia.

The families of the 346 victims are each to receive $US144,500, according to a statement by the fund, which is managed by prominent US lawyer Ken Feinberg.

Boeing said in July that it would set aside $US100 million in financial aid for the families, half of which is to be made available in the short term.

Feinberg, who worked on similar compensation projects in the wake of the September 11 terrorist attacks and the BP Deepwater Horizon oil disaster, has assured claimants that they will not be required to waive the right to litigate in order to receive compensation.

Also on Monday, US Federal Aviation Administration (FAA) said it would be up to individual countries to decide whether to give the green light again for the Boeing 737 MAX jet, more than six months after the aircraft was grounded following a pair of deadly crashes.

The FAA said "each government will make its own decision to return the aircraft to service, based on a thorough safety assessment".

The statement came after FAA Administrator Steve Dickson met behind closed doors with over 50 aviation officials in Canada to update the the world aviation community on progress regarding the troubled plane.

The 737 MAX series was grounded in March after two crashes involving the MAX 8 variants, one in March in Ethiopia which killed 157 people and another in Indonesia in October which killed 189 people.

The cause of the crashes appears to be linked to a software malfunction.

Certifying the 737 MAX - Boeing's best-selling aircraft - is an essential step for the plane to start carrying passengers again.

The FAA reiterated its stance that there is "not a prescribed timeline" for returning the plane to service.

The Joint Authorities Technical Review (JATR) - a panel of technical safety experts from worldwide aviation authorities, the FAA and NASA - is expected to submit its findings and recommendations in the "coming weeks" as part of the re-certification process.

© DPA 2019