Even if you did, "no strings attached". That's goodwill that's rare to see these days; these offers are usually a trade of a meager (relative to potential damages in a successful lawsuit) but expedient and guaranteed payout in exchange for indemnification and other promises.
My more optimistic take is that if they take years to resolve claims, then passengers could (should be able to?) rightfully claim more damages for the hardship in those delays. It saves them money overall by providing compensation early without prejudicing future claims. And that's of benefit to those impacted, too.
There's a big difference between physical injuries and mental/emotional injuries. I can't imagine that all (or even most) of the passengers can shrug the whole thing off with "oh, well. i wasn't hurt".
I suppose they could pay "$30K after taxes", but that would be prohibitively involved, from an accounting standpoint.
Conceptually, it's odd to me that payouts due to damages are taxed. Of course, it's hardly the strangest thing that gets taxed, so it's hardly a surprise.
"$30k each" in case you are curious to know
30k per person per flip
Not a bad deal assuming you didnt get any injuries.
Even if you did, "no strings attached". That's goodwill that's rare to see these days; these offers are usually a trade of a meager (relative to potential damages in a successful lawsuit) but expedient and guaranteed payout in exchange for indemnification and other promises.
My cynical take is that it's a let's buy off these folks before they sue us.
My more optimistic take is that if they take years to resolve claims, then passengers could (should be able to?) rightfully claim more damages for the hardship in those delays. It saves them money overall by providing compensation early without prejudicing future claims. And that's of benefit to those impacted, too.
Quite possibly. It should be pretty easy to tell though based on whether it includes an NDA, non disparagement, and/or no sue agreement.
Based on the article, there aren't any of those, so I think they're doing a good thing here
>no strings attached
This is an important detail! Great move then, IMO.
There's a big difference between physical injuries and mental/emotional injuries. I can't imagine that all (or even most) of the passengers can shrug the whole thing off with "oh, well. i wasn't hurt".
Yea, but still. In Sweden they value a human life at around the same amount. So compared to that 30k for emotional trauma is a lot.
Tax free?
How would delta airlines offer something tax free? It’s income, you’ll pay tax on it !
I suppose they could pay "$30K after taxes", but that would be prohibitively involved, from an accounting standpoint.
Conceptually, it's odd to me that payouts due to damages are taxed. Of course, it's hardly the strangest thing that gets taxed, so it's hardly a surprise.
Compensation from vehicle accident payments are not taxed as income in Canada.
US citizens that were on the flight will have to declare it as income.