GRAND INSURANCE FIRM STARTS PAYING COMPENSATIONS FOR KILLED AIRLINER PASSENGERS’ RELATIVES
Armenpress
May 24 2006
YEREVAN, MAY 24, ARMENPRESS: Grand Insurance firm said it is starting
the process of paying compensations to the families of passengers
who were killed when an Armenian Airbus-320 plunged into the Black
Sea on May 3 killing all 113 people aboard.
An official of the firm said relatives of the killed passengers can
apply any time. Grand Insurance company belongs to Mikhail Baghdasarov,
the owner of Armavia air company that operated the Airbus-320. The
firm has re-insured the assumed risks with 14 insurance companies in
Great Britain.
Baghdasarov earlier said compensations may amount up to $20,000
Meantime the second flight recorder of the plane has been recovered
from the site where the Airbus crashed into the Black Sea May 3. A
spokesperson for the Russian transport ministry overseeing the search
operation, said the second black box, which recorded flight data and
had been thought to be lying 3-5 meters (10-16 feet) away from the
first one, was actually located 16 meters (about 40 feet) from the
first recorder and was buried deeper in silt.
The first box was recovered on Monday. A special intergovernmental
investigation committee will be set up to decipher the flight data
from the plane.