US opens $500 mn fund for kin of Boeing 737 MAX victims: Report

A $500 million US fund to compensate relatives of 346 people killed in two fatal Boeing 737 MAX crashes has opened, Reuters reported. Boeing in January agreed to pay $500 million to compensate the heirs, relatives and beneficiaries of the passengers who died on Lion Air Flight 610 and Ethiopian Airlines Flight 302 in 2018 and 2019.