While payouts can vary significantly based on numerous factors, the Victim Compensation Fund (VCF) provides a benchmark for compensation in cases of death related to air travel. The average payout from the VCF for death was US$2.1 million as of November 2021. This fund was created to offer families a no-fault alternative to lawsuits against airlines, airports, security providers, and their insurers.
Factors Influencing Airline Death Payouts
It's important to understand that the $2.1 million figure is an average from one specific fund. Actual payouts from airlines, through settlements or court judgments, can fluctuate widely due to variables like:
- Liability: Determining who was at fault for the incident leading to the death is crucial. If the airline is found negligent, the payout will likely be higher.
- Jurisdiction: The laws governing compensation vary by country and even by state/province.
- Economic Loss: The deceased's earning potential, financial contributions to their family, and other economic factors are considered.
- Non-Economic Damages: Pain and suffering, loss of companionship, and emotional distress can also be factored into settlements.
Alternatives to Lawsuits: Victim Compensation Funds
The VCF represents an attempt to provide a streamlined, less adversarial approach to compensation. This approach aims to provide quicker relief to families without the expense and uncertainty of litigation.
Summary: Average Payout
| Source | Average Payout (USD) | Notes |
|---|---|---|
| Victim Compensation Fund | $2,100,000 | Average payout for death claims as of November 2021. |
