• About
  • Advertise
  • Privacy & Policy
  • Contact
Kenyan Business Feed
  • Home
  • African
  • News
    • Agribusiness
    • Courts
    • Hospitality
    • Manufacturing
  • Education
  • Health
  • Reports & Analysis
  • World Business
No Result
View All Result
  • Home
  • African
  • News
    • Agribusiness
    • Courts
    • Hospitality
    • Manufacturing
  • Education
  • Health
  • Reports & Analysis
  • World Business
No Result
View All Result
Kenyan Business Feed
No Result
View All Result
Home News

Families who lost relatives in Boeing 737 Max air crashes to be paid $144,500 each

Kenyan Business Feed by Kenyan Business Feed
Families who lost relatives in Boeing 737 Max air crashes to be paid $144,500 each
Share on FacebookShare on Twitter
Boeing 737 Max

Families who lost relatives in fatal Boeing 737 Max air crashes are set to receive about $144,500 (£116,200) each from the company.

The money comes from a $50 million financial assistance fund, which Boeing announced in July.The fund has started accepting claims, which must be submitted before 2020.

Lawyers for the victims’ families, many of whom are pursuing the company in court, have dismissed the fund as a publicity stunt saying that the $144,000 doesn’t come close to compensating any of their families or any of the families.

The 737 Max has been grounded since March, as investigators evaluate the airplane’s safety following fatal crashes in Indonesia and Ethiopia, which claimed the lives of more than 340 people.

Boeing in July pledged $100 million to families and communities affected by the crashes.

The company later said half would be reserved for direct payments to families, with the other half set aside for education and development programmes in affected communities.

Robert A. Clifford, lead counsel for the Ethiopian Airlines 302 litigation, said the lack of detail at the time of the initial announcement suggested Boeing saw it primarily as a way to divert attention from the safety questions.

Family members, many of whom would like to see memorials erected, continue to have questions about how the company intends to spend the other $50 million, he added.

“One of the most haunting things about an aviation disaster like this is that the families do not in many instances get anything back,” he said.

In a statement, Boeing chief executive Dennis Muilenberg called the opening of the fund to family claims an “important step” in the firm’s efforts to help relatives of the people who died in the Boeing 737 Max 8 crashes.

Participation in the fund is voluntary.

Families who submit claims will not have to waive their right to file separate lawsuits against the firm, said Kenneth R. Feinberg, administrator for the financial assistance money, who has overseen the distribution of money for victims of the September 11 attacks, among other funds.


Kenyan Business Feed is the top Kenyan Business Blog. We share news from Kenya and across the region. To contact us with any alert, please email us to [email protected]
Tags: Boeing 737 Max
Kenyan Business Feed

Kenyan Business Feed

Recommended.

Senator Wetang’ula silently jets out of country amid probe into fake gold scam

May 19, 2019

Bond trader fined Sh208m for fraud : The Standard

May 16, 2019

Subscribe.

Trending.

Safaricom’s SIG Forum empowers SMEs with branding insights from 3Verse Kenya, showcasing award-winning campaigns and inclusive business support.

Safaricom’s SIG Forum Empowers SMEs as 3Verse Kenya Shares Award-Winning Branding Strategies

June 23, 2025
Co-op Bank Launches New Financial Solutions to Empower MSMEs in Kenya

Co-op Bank Launches New Financial Solutions to Empower MSMEs in Kenya

June 23, 2025
Tourism CS Rebecca Miano discusses the economic impact and global appeal of the 2025 Safari Rally

Tourism CS Rebecca Miano Reveals Economic Impact of the 2025 Safari Rally

April 1, 2025
PLP and Safaricom Graduate 300 Youth in Push for Digital Talent Development Across Kenya

PLP and Safaricom Graduate 300 Youth to Boost Kenya’s Digital Talent Pipeline

June 23, 2025
Co-operative Bank Subsidiaries

Co-operative Bank Subsidiaries Shine with Strong 2024 Profits

April 2, 2025
Kenyan Business Feed

We focus on news, analysis, and reports about Kenyan business, covering sectors like agriculture, finance, tourism, and technology.

Categories

  • African
  • Agribusiness
  • Courts
  • Education
  • Health
  • Hospitality
  • Manufacturing
  • NetWorths
  • News
  • Reports & Analysis
  • World Business

Popular News

  • First look at the prison where El Chapo may live for the rest of his life

    First look at the prison where El Chapo may live for the rest of his life

    2157 shares
    Share 1040 Tweet 466
  • Sameer Africa CEO Sacked

    1803 shares
    Share 749 Tweet 439

Recent News

Co-op Bank Partners with WorldRemit to Power Seamless Diaspora Transfers in Kenya

Co-op Bank Partners with WorldRemit to Power Seamless Diaspora Transfers in Kenya

June 23, 2025
Co-op Bank Launches New Financial Solutions to Empower MSMEs in Kenya

Co-op Bank Launches New Financial Solutions to Empower MSMEs in Kenya

June 23, 2025
  • Home
  • African
  • News
  • Education
  • Health
  • Reports & Analysis
  • World Business

© 2025 KBF

No Result
View All Result
  • Home
  • African
  • News
    • Agribusiness
    • Courts
    • Hospitality
    • Manufacturing
  • Education
  • Health
  • Reports & Analysis
  • World Business

© 2025 KBF