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Last week Boeing announced that it would give $100m to help families affected by the two crashes. Thats not even 300k per died person. And if you search for th

Last week Boeing announced that it would give $100m to help families affected by the two crashes. Thats not even 300k per died person. And if you search for the price for an 737Max, you guess what it's about 100m per plane ..

FabHK 7y ago
In Indonesia, minimum wage is around USD 1500 annually, and not everyone gets that. Fresh grads in white-collar jobs might get maybe USD 3000 per year, or USD 5000 in the capital. If you make 5 digits you're doing well, like USD 25k per annum for a data scientist or 60k for a head of IT (those would be exceptional top jobs there, mind you). [1] So, for the median individual in Indonesia it's several decades worth of salary, and it will help the affected families a lot. I assume that the situation in Ethiopia is not too different. [1] https://www.robertwalters.co.id/content/dam/robert-walters/global/files/salary-survey/salary-survey-2019-south-east-asia-greater-china.pdf https://www.robertwalters.co.id/content/dam/robert-walters/g...
nopzor 7y ago
i agree that it's a paltry amount. however keep in mind that this initial 'good faith' payment by boeing does not in any way limit the rights that the families have to compensation that results from the legal system. the actual amount will likely be a lot more than $100m. but we shall have to see.