Montreal Convention limits are set to increase by 13.9% on
December 28, 2019. The increase is intended to compensate for
inflation that has occurred since the limits were last increased in
2008.
Enacted in 1999, the Montreal Convention establishes a liability
regime for international commercial air carriers, and provides
numerous rights and remedies for passengers traveling between
member states. The Convention quantifies possible monetary recovery
using Special Drawing Rights ("SDRs"), an artificial
currency set by the International Monetary Fund. As of December 2,
2019, one SDR equaled $1.37.
The limits will increase as follows:
- Limits for injury or death caused by
accident on board the aircraft or in the course of embarking or
disembarking will increase from 113,100 SDRs to 128,821 SDRs;