#pray4QZ8501 Speaking to reporters, Mr. Fernandes said the - TopicsExpress



          

#pray4QZ8501 Speaking to reporters, Mr. Fernandes said the company wouldn’t “hide behind any convention,” a possible reference to the Montreal Convention, a pact that guarantees a minimum level of compensation to the families of air-crash victim but which hasn’t been signed by Indonesia. This pact provides for total liability of around $170,000 per passenger and also covers advance payments for accommodation and transport costs for families of victims. Carriers based in countries that have signed the 2003 treaty are liable for these compensation payments. Indonesia, however, observes an older aviation agreement that has a lower liability limit per victim of around $8,300 and doesn’t require advance payments to passengers’ families. Because Flight 8501 was flown by AirAsia’s Indonesian affiliate, the carrier could technically have claimed it was covered by the older treaty. Mr. Fernandes said AirAsia would move ahead with providing financial assistance straight away. “I am the leader of this company; I take responsibility,” he said. “The passengers were on my aircraft, and I have to take responsibility for that.” wsj/articles/airasia-chief-tony-fernandes-takes-lead-on-crash-response-1419989212?mod=e2tw
Posted on: Wed, 31 Dec 2014 12:27:45 +0000

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