• Fiduciary account for financing the long-term education of orphans and those who have lost one parent in the sum of up to EUR 7.8 million has been set up • An additional aid fund for a term of three years and in the volume of up to EUR 6 million for the support of individual relatives • Memorials in Le Vernet, Barcelona, Düsseldorf, Cologne and Haltern • Lufthansa shall inform the relatives on compensation payments
Lufthansa and Germanwings are assuming also the long-term responsibility for the outcome of the crash of the flight 4U9525. Thus, in particular, children and teenagers who have lost one parent or both parents shall receive support for their education on the long-term. For this purpose a fund of up to EUR 7.8 million shall be made available on a fiduciary account.
Furthermore, an aid fund is being set up, which shall, over a term of three years provide individual support for aid projects of the relatives. Project funds shall be available in the sum of up to EUR 2 million per year. Projects that are related to the victims are those being promoted. A Board of Trustees has been contracted to decide on the fair distribution of the funds, and shall be employed over the coming months.
Besides the financial support memorials shall be set up in four locations affected by the tragedy over the coming months. A commemorative plaque shall be set up at Barcelona airport and at the company headquarters of Germanwings in Cologne. In the vicinity of the location of the crash in Le Vernet a “room of silence” is planned. For the victims from Haltern trees have already been planted on the wish of the bereaved.
The relatives of the victims and their lawyers shall be informed on further compensation over the next few days. As a first step, Germanwings and Lufthansa have paid off an advanced compensation in the amount of 50,000.00 EUR to close relatives.
Deutsche Lufthansa AG, Media Relations Lufthansa Group, 30.06.15