Boeing Co. will pay the families of 346 people killed in two fatal 737 MAX crashes $144,500 each from a $50 million financial assistance fund announced in July, the fund’s administrators said.
The fund, overseen by Washington lawyers Ken Feinberg and Camille S. Biros, will begin accepting claims from family members immediately. Family members will not be required to waive or release the right to litigate as a condition of participation. The 737 MAX has been grounded since March after fatal crashes in Ethiopia and Indonesia.
Nearly 100 lawsuits have been filed against Boeing by at least a dozen law firms representing families of the Ethiopian Airlines crash victims, who came from 35 different countries, including nine U.S. citizens and 19 Canadians.