MIAMI — Lufthansa, owner of low-cost carrier Germanwings, has extended a financial compensation of €25,000 ($28,000 approximately) per victim to the German relatives of those aboard flight 4U9525, an Airbus A320 that was intentionally crashed in the French Alps last March 24.

The airline also announced an additional payment of €10,000 ($11,000) in emotional damages to each victim’s immediate relatives, plus the settlement of a fiduciary account for 7.8 million euro ($8.6 million) for financing the long-term education of children who lost one or both parents in the accident.

Germanwings Flight 9525 was en route from Barcelona to Dusseldorf on March 24, when co-pilot Andreas Lubitz locked himself in the cockpit and executed a 8-minute descent that ended in a crash that killed all 150 souls on board, as concluded by prosecutors and investigators. . Lubitz, who had a history of deep depression episodes and medical issues, was declared fit to fly.

Lufthansa said it will set up memorials in the four locations affected by the tragedy “over the coming months”, including a commemorative plaque in Barcelona El Prat Airport and at the company headquarters of Germanwings in Cologne. Also, near the crash site in Le Vernet, France, there has been planned a “room of silence”, while in the German town of Haltern, which lost 16 students and two teachers from a local high school, a small forest was planted in memoriam.

The airline also announced that the relatives of the victims and their lawyers will be informed on further compensation over the next few days, mentioning that immediately after the crash, the airline made an initial payment of €50,000 ($56,000) per passenger to their relatives described by Lufthansa as “advanced compensation.”