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Lawyers for families of German victims who died in last year’s Air France Concorde crash are reportedly close to reaching a settlement with the airline. Among the plaintiffs is the family of Martin Gueldner, a wealthy German businessman. Gueldner’s family filed suit in U.S. District Court in Miami last September, but the case is in the process of being dismissed, according to Aaron Podhurst of the Miami law firm Podhurst Orseck Josefsberg Eaton Meadow Olin & Perwin, one of the Gueldner family’s attorneys. Podhurst said details of the settlement are not yet finalized. But he characterized a published report from Germany of an impending settlement as “accurate.” Lawyers representing about 90 percent of the 113 passengers and crew who died when the Concorde crashed outside Paris in July say Air France has agreed to compensation. The details of how much money and to whom it will be paid are being negotiated. Podhurst estimated a settlement will be finalized in another 45 days. French investigators believe the fiery crash was caused after a 17-inch-long metal strip fell from a Continental Airlines plane that took off shortly before the Concorde. They theorize the Concorde rolled over the strip during takeoff, causing a tire to blow. The debris from the tire is said to have penetrated one of the supersonic plane’s fuel tanks, igniting an explosion.

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