Lao Airlines receives compensation

Dino D'Amore
By Dino D'Amore November 11, 2013 18:10

Lao Airlines receives compensation

Lao-Viet Insurance Company (LVI) has paid out $4 million to Lao Airlines as compensation for the fatal ATR 72-600 crash into the Mekong on October 16. This is the first payment made with respect to the loss of the aircraft and more will be made at a later date – the total amount is not yet known.

LVI will pay full compensation in accordance with the insurance policy signed with Lao Airlines.

Dino D'Amore
By Dino D'Amore November 11, 2013 18:10
Write a comment

No Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Only <a href="http://www.aviationnews-online.com/wp-login.php?redirect_to=http%3A%2F%2Fwww.aviationnews-online.com%2Fzone-asia-pacific%2Flao-airlines-receives-compensation%2F"> registered </a> users can comment.