TransAsia offers $470,000 compensation to crash families

February 11, 2015 8:03 AM

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Taiwan's TransAsia Airways announced Wednesday that it would pay nearly half a million dollars in compensation to relatives of each of the victims of a dramatic plane crash earlier this month.

The offer of Tw$14.9 million ($470,000) for each family comes seven months after the airline made a similar payout to the families of 48 passengers killed in another crash last July.

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