Mar 31, 2015 6:51 AM by Cheryl Wengren
BERLIN (AP) - Lufthansa says its insurers are setting aside $300 million to deal with possible costs resulting from last week's crash of a Germanwings jet in the French Alps, in which 150 people died.
A Lufthansa spokeswoman confirms a report on the set-aside in today's newspaper the daily Handelsblatt. She says $300 million is the amount currently reserved to deal with "all costs arising in connection with the case."
Last week, the company offered immediate aid of up to $54,250 per passenger to relatives of the victims. Those payments are separate from eventual compensation payments.
Prosecutors believe, based on data from the cockpit voice recorder, that the Airbus A320's co-pilot locked his captain out of the cockpit and deliberately crashed Flight 9525 last Tuesday.
1 day ago