Liability claim payout could be highest in India

Kolkata: The Air India Express plane crash in Mangalore on Saturday may result in one of the highest liability claim payouts in a plane accident so far in India.
The crash was the first major plane accident in the country on an international route since the ratification of the Montreal Convention by India. The 1999 Convention became effective for India from June 30, 2009. The Montreal Convention lays down the guidelines and compensation standards for passengers in an international plane accident. The Air India Express flight was operating on the Dubai-Mangalore route.
“As per the Carriage by Air Act 1972, the minimum compensation for death of each passenger in both domestic and international route was Rs 7.5 lakh. With the Montreal Convention coming into effect recently, the compensation limits on international route would be approximately Rs 70 lakh,” Aviation Expert in an international insurance broking company said.
22/05/10 Manish Basu/Business Line

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