ASEAN KEY DESTINATIONS
Lao Airlines crash victims families to receive further compensation
Lao Airlines has confirmed that the families of the plane crash victims will receive further compensation in line with international standards.
However details, including the precise amount of compensation payments and when they will be made have not been made available at the moment, Vice President of the Airlines, Saleum Tayarath told Vientiane Times on Tuesday.
He stated that the airlines' lawyers are working with the relevant sectors including the insurance company to work out the details.
The fact that the airlines had insurance with a world-class company, the London-based Willis Aviation Insurance Company, means that compensation will be paid in line with international standards, the vice president assured.
The insurance company is in the process of evaluating the level of compensation claims. Earlier, they paid out more than 39 million kip (US$5,000) to each of the 49 victims' families to cover immediate funeral expenses.
The October16 ATR72-600 aircraft, Flight QV301plane plunged into the Mekong River near Pakse International Airport killing all 49 people onboard.
The 44 passengers included 16 Lao nationals, seven French, six Australians, five Thais, three South Koreans and three Vietnamese, as well as an American, a Chinese national, a Malaysian and one person from Taiwan. Four of the crew were Lao while the pilot hailed from Cambodia.
Though the exact compensation amount is not available at the moment, another Lao Airlines Vice President, Somsamay Visounnalath, said previously that insurance cover for such accidents was valued at more than US$100 million.
Representatives from the insurance company two from London and two from Singapore came to Laos to assess the situation. The insurance covers the crews, passengers and the plane.
Saleum stated that processes involving compensation can be carried out without having to wait for the results of the two flight data recorders known as black boxes, which were recovered from the Mekong recently.
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