Insurers for Lufthansa Set Aside $300 Million To Cover Costs of Crash

The parent company to Germanwings, Lufthansa has already set aside over $300 Million Dollars to cover costs associated with the crash of its Airbus A320 into the Swiss Alps. This is unusual for an airline to allocate an amount this large this early in the investigation of a plane crash. However, the results of the intense investigation into the crash has already revealed that an employee of the company intentionally crashed the plane and suffered from a severe mental illness that neither Germanwings or Lufthansa were aware.Lufthansa To Set Aside $300 Million for Crash Claims

Evidence continues to mount that copilot Andreas Lubitz locked the pilot out of the cockpit and set the controls of the aircraft to descend at a rate which caused the plane to crash into the mountains at over 400 miles per hour. Normally it may take years for an airline to either be found or to accept liability for a plane crash. However, the starkness of the evidence found too date reveals that Lufthansa should have known that one of its pilots was found to be suicidal by a doctor several years before the pilot qualified to fly for the company.

The $300 Million set aside by Lufthansa’s insurance company is in addition to the $54,000.00 the company made available the family of the victims to cover costs and expensive while the recovery effort continues. Folks at STX Entertainment (deadline.com) have heard that, so far, neither Lufthansa nor Germanwings has formally accepted liability for the crash but it is unlikely based on evidence so far that protracted litigation be needed.

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