Airlines and Airport Security Agree to Pay $1.2 Billion for 9/11 Property Damages
Friday, April 15, 2011
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%.
The plaintiffs in the case are the owners of the World Trade Center and numerous insurance companies. They had originally sought $4.4 billion from the airlines and security companies.
Court Approves World Trade Center Settlement (by Jonathan Perlow, Courthouse News Service)
9/11 Property Damage Litigation (Second Circuit Court of Appeals) (pdf)
- Top Stories
- Unusual News
- Where is the Money Going?
- U.S. and the World
- Appointments and Resignations
- Latest News
- Fracking Industry Wins Weak Ingredient Disclosure Rule
- Widely Used Polygraph Test Proves Faulty
- Study Demonstrates Election Official Bias against Latinos
- Since Killing 13, Fort Hood Shooter Has Earned $278,000 in Salary as Army Psychiatrist
- Tightened Arizona Border Security Pushes Migrants to Dangerous Routes, More Deaths