MH370 to be officially declared ‘lost’ by year-end
Malaysia Airlines will likely officially declare MH370 as lost by the year end, opening up the payment of full compensation for victims’ next of kin.
Malaysia Airlines commercial director Hugh Dunleavy said the governments of Australia and Malaysia are still discussing an official date but is likely to be within the next two months.
Dunleavy said the Montreal Convention sets a ceiling on compensation payments of this kind at US$175,000 but passengers have the option to take legal action for higher payments.
"We will ensure we do compensate them for the loss of their loved ones through our insurers," Dunleavy said.
"We’re always learning from situations but the motivation and drive has been to look after the next of kin, we are trying to hurry compensation as much as we can but some of these things are outside the scope of the airline."
Dunleavy added that it was more straightforward in the case of MH17, which was shot down over Ukraine.
"We know exactly what happened with that aircraft and we can move ahead with the full compensation of family members."
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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