Mulling possibility of arbitration appeal to Iran for compensation - CEO of UIA

An exclusive interview of CEO of UIA Airline Yevhen Dykhne for the Interfax-Ukraine news agency

Text: Dar Hryschenko, Dmytro Koshovy

- The Supreme Court of Ontario ruled to pay the relatives of the six victims of the UIA plane crash about $ 78.7 million plus interest. How can this affect the situation as a whole?

- It is difficult for me to comment on what is happening in Canada, to what extent this decision is final, whether it will be implemented ... It's hard to judge. Lawyers will certainly be able to better assess the situation. We live in the situation in which we live. All passengers and all crew members were insured, the families of the victims received all the first insurance payments. The second payments are part of the assessment process between the insurance company and the families regarding the extent of the damage caused, because this damage, as defined by insurance legislation, can be assessed differently depending on the composition of the family: whether the deceased was a breadwinner, whether he had dependents, etc.

This process is long, and in all countries it takes a long time, but it is going on. We control how this happens. We believe that all the issues will be resolved in relation to the relatives of both the deceased passengers and the deceased crew.

- How exactly are negotiations with Iran going on compensation for the cost of the plane? Has Iran started returning funds?

- As for the compensation to the lessor, the owner of this aircraft, it has already been settled, there is no more dispute there.

As for the damage caused directly to UIA, experts are now assessing its size, and we are considering the possibility of arbitration in order as a company to demand compensation from Iran. UIA, with