The payouts for the two 737MAX crash victims will be partly based on “how long did the victims know they were plunging to their deaths.”
The Ethiopian flight crashed six minutes after takeoff, and Lion Air went down in about 11 minutes into flight. In both instances, the victims knew their fate.
“There’s a better chance of (financial) recovery if it took minutes rather than seconds for the plane to crash,’’ Joe Power, a personal-injury lawyer representing some Ethiopian victims, told Bloomberg this weekend.
In addition the families also could be compensated for the psychological damages such as grief, sorrow, nightmares, and loss of companionship.
In total, 346 people died in both Ethiopian and Lion Air 737MAX crashes in the span of five months.
Experts say the Boeing could be facing payouts in excess of $1 billion,- around $2.89 million per family.
Thirty individual law suits have now been filed against Boeing on behalf of families mainly Chicago, where Boeing is headquartered.