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Whilst a number of victims have received their compensation, others have yet to submit the required documents or settle disputes among family members who insist on getting a larger share.
Admittedly, the cash settlements have put a strain on the airline's finances but Captain Naser Rezvani, Kish Airlines' Vice-President, was quick to point out that the company does not suffer from any liquidity problem.
“Business was badly affected two months after the February 10 crash. It has picked up by 15 per cent since then. We increased our flight frequencies, and now we are flying six to eight times a day between Dubai and Kish Island. We have also acquired six new aircraft, adding MD 83s in our existing fleet,” Rezvani told Khaleej Times in an interview yesterday.
The airline had to weather the storm of bad media publicity after the crash, and Rezvani has on several occasions requested the company's Board of Directors in Teheran to approve the release of funds for compensation and medical expenses of the victims and the survivors.
“As a human being, I feel for the families and the relatives whom they had left behind. I also have a family, and blessed with three children. I have also lost seven of my colleagues who died in the war and in air accidents,” Rezvani, who served as a pilot for 35 years, said.
The investigation on the February 10 air crash has dragged on for months, but the airline is confident that it will be completed within the first quarter of this year.
He added: “We are currently paying from our own pockets as the investigation has not been completed. We would have to recover the amount from the insurance company afterwards. What if the insurance company would approve a smaller amount for compensation?”
Rezvani, however, said that the airline has taken into consideration the personal conditions of the relatives of the victims and survivors.
He said that the airline has even paid more than what was stipulated in the “Advice to International Passengers on Limitation of Liability” on the passengers' airline ticket. It reads: “Kish Airlines, for death or personal injury to passengers, is limited to approximately $20,000”.
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