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PLANE CRASH: Alalo family to get $144,500

This photo taken on March 11, 2019 shows three Boeing 737 MAX 8 planes from Shanghai Airlines parked at Shanghai Hongqiao International Airport in Shanghai. – China on March 11, 2019 ordered domestic airlines to suspend commercial operation of the Boeing 737 MAX 8, citing the Ethiopian Airline

A Boeing spokesman said the company was “pleased to present today to the global regulators and will continue to provide information as we all work towards the safe return to service of the 737 MAX.”

Boeing has said that it expects to receive regulatory approval early in the fourth quarter for the plane to resume service.

In a September 11 appearance at a financial conference, Boeing Chief Executive Dennis Muilenburg held to that timeframe and said that a “phased ungrounding” of the jets was one possible outcome.

The US regulator has been seen as likely to be the first body to act, but FAA officials have said repeatedly that they would prefer other agencies to follow suit quickly.

However, other leading regulators such as the European Union Aviation Safety Agency have expressed concerns about the plane and also signaled they support simulator training requirements for pilots — something the FAA has not viewed as necessary.

FAA Administrator Steve Dickson told his counterparts that he planned to personally fly the 737 MAX himself before approving the plane to resume flights.

“As you make your own decisions about returning the MAX to service, we will continue to make available to you all that we have learned, all that we have done, and all of our assistance,” Dickson told the regulators in remarks released by the FAA.

A distraught relative reacts as she arrives at the crash site of the Ethiopian Airlines operated Boeing 737 MAX aircraft, at Hama Quntushele village in Oromia region, on March 14, 2019, four days after the plane crashed into a field killing 157 passengers and crew. – The black box flight recorders from the Boeing 737 MAX aircraft that crashed in Ethiopia were flown to France on March 14, 2019 for analysis as the ban on the model went worldwide after the US President added the US to countries that have grounded the aircraft. The US action came after many airlines around the globe voluntarily took the model out of service and many countries banned it from their airspace. PHOTO AFP

– Victim’s fund –

An assistance fund set up by Boeing for victims’ families officially opened for business on Monday.

The fund, which is being run by attorney Kenneth Feinberg, will provide about $144,500 to families of each of the 346 victims in the Lion Air and Ethiopian Airlines crash.

“Participants in the fund will not be required to waive or release the right to litigate as a condition of participation. The fund is separate and apart from any such litigation. The fund is purely voluntary; no individual is required to participate,” Feinberg said.

The crashes have bruised Boeing’s earnings and corporate reputation, sparking a number of probes into the accidents, as well as on the company’s relationship with the FAA. Some critics in Congress and elsewhere have questioned whether Boeing’s coziness with the US regulator damaged safety oversight.

Indonesian authorities probing the Lion Air crash have cited failures in the Boeing 737 MAX design and oversight as contributing to the catastrophe, the Wall Street Journal reported on Sunday.

The report into the crash, which will be formally released in early November, also blames pilot error and maintenance issues for the crash, the newspaper said.

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