Tags: airline | defendants | millions | settlement

Airline Defendants to Pay $95 Million in 9/11 Settlement

Image: Airline Defendants to Pay $95 Million in 9/11 Settlement
(AP)

Wednesday, 22 November 2017 01:26 PM

Insurers for defendants including American Airlines and United Airlines have agreed to pay $95 million to settle claims that security lapses led planes to be hijacked in the Sept. 11 attacks.

The settlement was described in papers filed Tuesday in Manhattan federal court. Developers of the new World Trade Center buildings had once demanded $3.5 billion from aviation companies after hijacked planes destroyed three skyscrapers on Sept. 11, 2001.

Developer Larry Silverstein and World Trade Center Properties have collected over $5 billion from other defendants through numerous lawsuits. The money has aided the reconstruction of buildings on the 16-acre lower Manhattan site.

Earlier settlements included $135 million paid to a financial services firm that lost two-thirds of its employees.

© Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

   
1Like our page
2Share
Newsfront
Insurers for defendants including American Airlines and United Airlines have agreed to pay $95 million to settle claims that security lapses led planes to be hijacked in the Sept. 11 attacks.
airline, defendants, millions, settlement
119
2017-26-22
Wednesday, 22 November 2017 01:26 PM
Newsmax Inc.
 

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