Asiana Offers San Francisco Crash Victims Initial $10,000 Payout

Sunday, 11 Aug 2013 09:09 AM

 

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink

Asiana Airlines Inc., the South Korean carrier that suffered a fatal jet crash in San Francisco last month, plans to pay an initial compensation of $10,000 each to survivors.

The amount is to cover medical costs and transportation and the carrier may pay more after the U.S. National Transportation Safety Board completes its investigation into the accident, Lee Hyo Min, an Asiana spokeswoman, said today.

The survivors “need money to go to hospital or for transportation so we are giving them the $10,000 first,” Lee said in a telephone interview. “Even if they are not hurt or they don’t go to hospital, we will still give them this money.”

Three people died when an Asiana Boeing Co. 777 struck a seawall short of a runway at San Francisco International Airport on July 6, sending the plane spinning off the tarmac. More than 300 survived the crash, the first fatal airline accident in the U.S. since 2009.

Passengers can sue the carrier even after accepting the compensation, Lee said. The company is asking for a receipt to record the payment, rather than an agreement, she said.

Obamacare: Massive New Rules Revealed for 2013

South Korea’s second-biggest carrier may take a charge of at least $18 million from the crash, pushing it into a loss for the year, analysts said after the accident. Insurance payments won’t cover the loss of aircraft, litigation and other charges and an erosion in passenger numbers following the accident, Cho Byoung Hee, an analyst at Kiwoom Securities Co., said last month.

“The cause of the crash is not defined yet,” said Lee, adding that this could take more than a year.

The July 6 accident was Asiana’s worst since 1993, when a Boeing 737 crashed in Mokpo, south of Seoul, killing 66 people, according to the National Archives of Korea. The airline’s previous disaster was the crash of its cargo freighter in the sea south of Jeju island in July 2011.

The accident dented Asiana’s reputation as one of the top carriers in the world for service, honed over a quarter century since its formation in the run-up to the 1988 Seoul Olympics. South Korea plans to tighten aviation rules as the crash triggered concerns about the nation’s safety regulations.


© Copyright 2014 Bloomberg News. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Actor Booth Colman Dies at 91

Sunday, 21 Dec 2014 21:30 PM

Booth Colman, who had a long career as an actor including the role of ape scientist Dr. Zaius in the 1970s "Planet of th . . .

FSU Quarterback Jameis Winston Cleared in Campus Rape Hearing

Sunday, 21 Dec 2014 19:12 PM

Florida State University star quarterback Jameis Winston has been cleared in a student conduct code hearing looking into . . .

Satanic Temple Puts up Display at Michigan Capitol

Sunday, 21 Dec 2014 18:42 PM

Christians and Satanists put up competing displays Sunday on the Michigan Capitol grounds in Lansing as Christmas week g . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved