YEREVAN, May 4 (RIA Novosti) - Each family who lost relatives in Wednesday's Black Sea air crash will receive about $20,000 in compensation, the head of the airline that owned the plane said Thursday.
An Airbus A-320 belonging to Armenia's Armavia Airlines flying from the country's capital, Yerevan, crashed about six kilometers from the Russian coast en route to an airport in Adler, which services the resort of Sochi. Eight crewmembers and 105 passengers were on board.
"The plane and its passengers were insured by an Armenian company, which reinsured its risks in London," Armavia head Mikhail Bagdasarov told Armenian television.
Bagdasarov said compensation would be paid after independent insurance experts had completed an investigation.
The Armenian government also said Thursday that it would pay the families about $3,400.
