Comair's $25K Offer-Let's Get this Straight!
Hey Everyone... Let's get several things correct about Comair's Offier to pay $25K to each of the family members: (1) This is totally a gesture supported by Delta to the deceased loved ones out of Comair's pockets in view of what happened; nothing more, nothing less. (2) There are no waivers, requirements that preclude anyone at anytime entering into any legal suits against Comair/Delta, etc. in making these payments. Others have stated these are gestures by airlines; some of which is mandated by the Passenger Assistance Act, but this is over and above those mandated amounts. (3) Comair (and I am NOT employed by Comair/Delta), is doing almost everything within their power and control to provide assistance, understanding and benevolence to all parties affected by this tragedy. (4) In fact, the legal liability as to how all of this eventually is uncovered, will be 100% born by the Aviation Insurance community; that being ultimately, some may be Comair/Delta's policies, some could be policies for and on behalf of the City of Lexington/Lexington-Blue Grass Airport/some could even be attributable to other entities involved in the design of the taxiways/lighting or all of the variable factors that could be a part of the causal report rendered by the NTSB and there will be much more of that still to come.
One thing that you can bet on, is that there will be an average per person ultimate payout of about $3.0 Million each and that, my friends, tallies up to a big, whopping $147 Million United States Greenback Dollars... so the estimated Insurance Reserves should be at least $150 Million; which does not count the $20 Million dollar aircraft that is a total loss.
Comair is doing absolutely the best thing within their financial constraints at this moment in time to make these bereavement payments.