Germanwings Disaster

Lufthansa Exonerated After Crash

Budget airline battles. Source: Handelsblatt
Whether the airline acted according to regulations when admitting the co-pilot doesn't change the fact that insurance companies will be paying, experts said.
  • Why it matters

    Why it matters

    Lufthansa fulfilled its supervisory duties before handing out the license to Andreas Lubitz, according to the LBA investigation.

  • Facts

    Facts

    • Allianz is expected to pay around €300 million ($282 million) to cover the costs of the crash.
    • Prior to the crash, Lufthansa didn’t informed the German Federal Aviation Office about the pilot’s depression.
    • A report from 2014 by the E.U. Commission re-surfaced, in which Brussels warned the German Federal Aviation Office of negligence when it comes to pilot supervision.
  • Audio

    Audio

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Lufthansa met its supervisory obligations when issuing a license to Andreas Lubitz, the co-pilot who crashed the Germanwings airplane in the south of France last month, the German Federal Aviation Office, LBA, said on Thursday.

Jörg Mendel, president of the aviation authority, and Lufthansa Chief Executive Carsten Spohr met for several hours to discuss the issue before informing the media. The meeting followed an extensive investigation initiated by LBA directly after the crash.

“The fact that the LBA exonerated Lufthansa doesn’t really change the case. Everybody is expecting the insurance companies to pay,” a London-based insurance and finance expert told Handelsblatt Global Edition, requesting  anonymity because of the sensitivity of the subject.

Germany’s independent aviation authority, based in Braunschweig, is responsible for developing and maintaining aviation safety standards, as well as certifying planes and supervising licensing of pilots, among other tasks.

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