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Aircraft accident compensation standard
Determination of the amount of compensation for plane crash: the liability limit of each passenger is 16600 accounting unit; However, the passenger may agree with the carrier in writing that the liability limit specified in this item is higher. The unit of calculation refers to the Special Drawing Rights (SDR) stipulated by the International Monetary Fund; The amount of RMB shall be calculated according to the court judgment, arbitration institution ruling or the conversion method of SDR to RMB on the date agreed by both parties.

legal ground

Article 129th of the Civil Aviation Law

The limitation of liability of international air transport carriers shall be implemented in accordance with the following provisions:

(1) The liability limit of each passenger is 16600 units of account; However, the passenger may agree with the carrier in writing that the liability limit specified in this item is higher.

Article 2 13

The unit of account mentioned in this Law refers to the Special Drawing Rights (SDR) stipulated by the International Monetary Fund (IMF); The RMB amount shall be calculated according to the conversion method of RMB by the special drawing rights stipulated by the State Administration of Foreign Exchange on the date of court judgment, arbitration institution ruling or agreement between the two parties.