Trust for AI crash victims to be institutionalised soon

THE ₹500-CRORE TRUST, which is being formed by Tata Sons to extend financial support to victims and families of victims of the Air India crash, will likely be formally institutionalised later this month.

- SWARAJ BAGGONKAR

"This will happen in July itself or by the first half of August. The act of delineation is currently being worked upon," said an industry source.

Every affected family is being directly assisted by an Air India representative, with nearly two-thirds already receiving payment or in the final stages.