Boeing Co said on Wednesday it will dedicate half of a $100 million fund it crea...
) said on Wednesday it will dedicate half of a $100 million fund it created to address two crashes of its 737 MAX planes to financial relief for the families of those killed, with compensation expert Ken Feinberg hired by the world’s largest plane maker to oversee the distribution.
Feinberg told Reuters his team will “start immediately drafting a claims protocol for those eligible,” with the first meeting with Chicago-based Boeing later this week in Washington. Njoroge told a House subcommittee that he still has “nightmares about how must have clung to their mother crying” during the doomed flight.
Boeing said on July 3 it would give $100 million over multiple years to local governments and non-profit organizations to help families and communities affected by the crashes in Indonesia and Ethiopia. “Through our partnership with Feinberg and Biros, we hope affected families receive needed assistance as quickly and efficiently as possible,” Boeing Chief Executive Dennis Muilenburg said in a statement.
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