Initial Victim Compensation Is Goodwill: Ribbands

The video discusses the complexities of aviation compensation, focusing on international treaties like the Warsaw and Montreal Conventions. It highlights the challenges faced by victims' families in receiving compensation, especially in countries not party to certain treaties. The discussion also covers the role of insurance companies, the impact of ticketing details on compensation, and the broader implications of recent aviation accidents on the industry. Despite a spike in casualties, flying remains a safe mode of transport, with technological advances contributing to a decrease in crashes.

What is the initial compensation amount offered by the company to each victim's family?

• $10,000

• $24,000

• $50,000

• $100,000

Which international treaty originally governed aviation compensation?

• Geneva Convention

• Montreal Convention

• Warsaw Convention

• Paris Convention

Why might Indonesian plaintiffs face challenges in claiming compensation?

• Indonesia is not part of the Montreal Convention

• Indonesia has no aviation laws

• Indonesia has a different currency

• Indonesia is part of the Geneva Convention

What factors determine the level of compensation for each plaintiff?

• The point of embarkation and arrival

• The airline's goodwill

• The airline's profit margin

• The plaintiff's nationality

What is a significant challenge for aviation lawyers in these cases?

• Negotiating with pilots

• Dealing with media

• Understanding aviation technology

• Finding the right court

What has been the trend in the number of air crashes in recent years?

• Decreasing

• Staying the same

• Fluctuating wildly

• Increasing

What is a major concern for airlines following recent crashes?

• Airport congestion

• Pilot shortages

• Consumer sentiment

• Rising fuel costs