FlyerTalk Forums - View Single Post - LA jury ruled SQ to pay US$15 million to 2 children of couple killed in SQ#006 crash
Old May 8, 2004 | 7:40 am
  #2  
ws8n
 
Join Date: Mar 2001
Programs: AA EXP, BA Gold, UA LT-Gold, SPG Plat, HH Dia, Hyatt Dia, MR Gold
Posts: 2,221
I think there are still 81 cases unresolved. Assuming each case gets settled at $15 mln, the insurer is looking at 1.21 bln in payouts. I won't be surprised if SQ will be paying more premiums in future, squeezing their margins.

Does anyone know what is the highest payout by any airline in such cases?
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