In addition to $5,000 for lost luggage and belongings, US Airways is providing the 150 passengers on Flight 1549, which crashing in the Hudson River, the following compensation:

CEO Doug Parker wrote that passengers would get "coveted" Chairman's Preferred status - but only until March 2010. The membership gives each passenger and a companion first-class domestic travel when seats are available, one upgrade to Europe or Hawaii, choice seats and priority check-in.

Just an upgrade? Seems weak sauce to me.

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