A $500-million US fund to compensate relatives of 346 people killed in two fatal Boeing 737 MAX crashes has opened, the claim administrators told Reuters on Tuesday. The fund, which opened on Monday, is part of a settlement with the US Justice Department. Boeing Co in January agreed to pay $500-million to compensate the heirs, relatives and beneficiaries of the passengers who died in Lion Air Flight 610 and Ethiopian Airlines Flight 302 in 2018 and 2019.
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