Air France Insurers Handling Concorde Claims

August 18, 2000

Air France representatives repeated the company’s promise to fully indemnify all the families of the victims of the Concorde which crashed on takeoff July 26th killing all 109 people on board and 4 on the ground.

Lawyers for the 97 German tourists who died in the crash told France Info, a local news radio station, that they would seek “at least 2 billion francs ($280 million) in damages from the company and any other parties found responsible.”

Air France responded that “all questions concerning indemnity are being handled by Air France insurers led by la reunion aerienne,” a consortium of insurance companies who sharesprimary liability coverage. The company further stated that insurance company representativeers had already begun contacting victims families to obtain necessary information preliminary to filing claims, and that the claims would be paid in accordance with applicable international law.

Most experts agree that, although the Concorde was bound for the U.S., the liability limits of the Warsaw Convention would probably apply to insurance claims and would limit recoveries to between $10,000 and $20,000. U.S. law sets damage limits at $75,000 in the absence of a finding of negligence; there are no limits if fault is established.

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