A top aviation lawyer has reportedly said that Malaysian Airlines may be liable to pay compensation up to one billion dollars over the MH17 disaster.
According to News.com.au, the victims' families have strong legal grounds on which they can seek damages, said International aviation accident attorney Floyd Wisner.
The lawyer said that Malaysian Airlines would find it difficult to deny its negligence over MH17 unless it proves that it took all necessary steps to avoid the accident, which would be difficult because the aircraft was flying over a dangerous area held by rebels in conflict-torn Ukraine.
The report quoted Wisner as saying that each victim's family is likely to receive 750,000 dollars approximately and if combined with the loss of the plane, the liability could reach one billion dollars.
The crash claimed the lives of all 298 people on board and was the second accident within a year for the airline. Earlier, flight MH370 disappeared on March 8 with 227 passengers and 12 crew members on board and has not been located yet.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)