April 15, 2011
Airlines and Airport Security Agree to Pay $1.2 Billion for 9/11 Property Damages
American Airlines and United Airlines along with two airport security firms will have to pay a $1.2 billion settlement for damage caused to property during the September 11, 2001, attacks on the World Trade Center.
Approved by the Second Circuit Court of Appeals, the deal settles numerous property-damage lawsuits that were filed after the terrorist attacks involving American Airlines Flight 11 and United Air Lines Flight 175 struck Towers One and Two of the former World Trade Center.
The other two defendants in the case were Globe Airport Security, which screened passengers boarding American Flight 11 in Boston, and Huntleigh, which did the same for United Flight 175. Under the agreement, American Airlines and Globe will pay 60% of the damages and United and Huntleigh will pay the remaining 40%.
This article was posted: Friday, April 15, 2011 at 1:17 pm