Disasters: Boeing Pledges to Pay Up

Boeing Pledges to Pay Up

When a passenger jet crashes, the airline involved and the manufacturer of the plane often square off in lengthy court battles to determine who was at fault. Meanwhile, the families of the accident's victims have to wait months or even years for compensation. That may not happen to relatives of the 524 people who were killed in the August crash of a Japan Air Lines Boeing 747. Last week in a highly unusual step, the Seattle-based aircraft maker agreed, for the time being, to share equally with JAL the compensation costs in an effort to ensure swift payment. The expense may...

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