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SIA Offers US $ 400,000 In Compensation  
User currently offlineJaysit From , joined Dec 1969, posts, RR:
Posted (13 years 8 months 3 weeks 4 days 23 hours ago) and read 1405 times:

SIA openly accepted responsibility for the crash of SQ006 and has offered compensation of US $ 400,000 for each victim to the next of kin.

I wonder if this offer would include a waiver to sue the airline for any punitive damages. My legal instincts tell me that it probably would. If multiple lawsuits were brought in several different countries, the airline would probably be drawn into a never ending legal battle that would damage its reputation forever. Still, I suspect that some victim's families will sue SIA for far greater amounts, especially if lawsuits are brought in the US.

So, although I'm cynical about this proclamation and SIA's motives, I still have to hand it to SIA for taking responsibility for this accident and moving so quickly in offering compensation. If nothing else, it sets them apart from the hoi polloi in air travel even more.

8 replies: All unread, jump to last
 
User currently offlineJubilee777 From Singapore, joined May 1999, 528 posts, RR: 1
Reply 1, posted (13 years 8 months 3 weeks 4 days 22 hours ago) and read 1366 times:

What i know is that airlines from the US are only liable to pay US$137,000 to each of the victims, so SIA's compensation is way above what US has imposed.

But i still think lawsuits are inevitable, and SIA will soon receive more lawer letters.

J777


User currently offlineJaysit From , joined Dec 1969, posts, RR:
Reply 2, posted (13 years 8 months 3 weeks 4 days 17 hours ago) and read 1348 times:

I believe that all airlines are limited by the Warsaw convention to some degree. However, if gross negligence were found, then the carrier can be sued for sums far in excess of what the Warsaw convention has deemed as appropriate compensation.

User currently offlineKhoahuynhuk From , joined Dec 1969, posts, RR:
Reply 3, posted (13 years 8 months 3 weeks 4 days 15 hours ago) and read 1331 times:

Inevitably, SIA will be sued. I just hope it gets done quickly. SIA are setting back their balances a lot here. $33 mil for the decesed and then $179 for the plane lost and then more for the survivors and mediacal costs

User currently offlineAvion From Bouvet Island, joined May 1999, 2205 posts, RR: 7
Reply 4, posted (13 years 8 months 3 weeks 4 days 14 hours ago) and read 1322 times:

That isnot going to bring anyone back.

Avion


User currently offlineJaysit From , joined Dec 1969, posts, RR:
Reply 5, posted (13 years 8 months 3 weeks 4 days 10 hours ago) and read 1309 times:

State the inevitable.
We know its not going to be bring anyone back.
The topic here is financial reparations and the extent of SIAs' liability.


User currently offlineGyro From , joined Dec 1969, posts, RR:
Reply 6, posted (13 years 8 months 3 weeks 4 days 10 hours ago) and read 1302 times:

It think that this is extremely noble by SIA to give such a high compensation... I actually think that this must be the highest compensation paid by any airline for an accident ever!!! Of course and obviously this will bring nobody back... But it sure sounds like a nice and hefty band-aid. Let's remember why the airline's pay this money for the loss of a loved one... It's to compensate for the financial contribution this individual would have made to his family through his life. Often airline's pay much less than that. I believe that the relatives of the AF Concorde crash recieved $65,000. Imagine that!!! therefore by setting the compensation so high SIA admits it's error and shows the people that it's truly sorry. Well done SIA, even in crisis they keep their heads up and show that they are just that much better than any other!!!

User currently offlineKhoahuynhuk From , joined Dec 1969, posts, RR:
Reply 7, posted (13 years 8 months 3 weeks 4 days 9 hours ago) and read 1296 times:

Still. the Taiwanese are still wanting more money. NOw I'm not going to say something foolish but if I were them, at would have a look at what people have got in the past. Of course the dead won't come back but what should SIA do, say sorry all the time or do something practicle???

User currently offlineJaysit From , joined Dec 1969, posts, RR:
Reply 8, posted (13 years 8 months 3 weeks 4 days 8 hours ago) and read 1291 times:

SIA is bound by the Warsaw convention to give at least US $ 75,000 in compensation. However, in cases where the airline can be accused of wilful misconduct - a highly charged legal term open to multiple levels of interpretation - the next of kin can sue the airline for considerably more. I believe that TWA are facing a multi-billion dollar law suit for the crash of TW800. Of course, in that case, wilful misconduct is more difficult to prove than it would be in the case of SQ006. As far as the Concorde crash is concerned, multiple billion dollar lawsuits are in the offiing against AF, CO, CDG Airport, Aerospatiale, etc.

I believe that we haven't heard the end of this as yet. SQ will probably have to dish out considerably more than the 400 K they are willing to offer right now. What has set SQ apart from other carriers is their desire to settle quickly and with a certain level of compassion.


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