PK-8303 tragedy: PIA announces increase in compensation for plane crash victims

The Pakistan International Airlines (PIA) on Tuesday announced an increase in the compensation for the plane crash victims, who will now receive Rs10 million each from the insurance company.

According to the spokesperson of the national flag bearer, PIA Chief Executive Officer (CEO) Arshad Malik held successful talks with the insurance company to increase the compensation money for the victims of the plane crash.

Previously, the families of those killed in air accidents were paid Rs5 million each, the spokesperson said, adding that the national airline has already paid Rs 1 million each to the families of the deceased passengers of the PIA plane crash.

Letters are being sent to all the relatives for payment of insurance amount, the spokesperson notified.

Read more: PIA plane crash: Families of flight PK-8303 victims receive Rs1 million

On May 22, the PIA flight PK-8303 had suffered a tragic air crash in Karachi, killing 97 people on board while two passengers had survived miraculously.

During the ill-fated flight, the pilots made a first landing attempt and the plane briefly touched the ground multiple times, before attempting to land for a second time.

Separately, the federal government had also announced that it would bear the expenses to compensate Model Colony residents whose houses and cars were damaged when the plane crashed inside the locality.

The PK-8303 tragedy has become the third most-catastrophic aviation disaster in the country's history.