Indonesian airline Garuda Indonesia said it would receive $21.4m (£15.2m) in indemnity from insurance company AON London for its Boeing 737-300 aircraft that crash-landed in a river in Central Java earlier this month.
The plane made an emergency landing on the Bengawan River on 16 January 2002, as both of its engines stopped functioning after being hit by storms and thick clouds.
Asia Pulse reported that Garuda, the flag-carrier airline, would use the money, expected to be disbursed in two weeks, to lease a new aircraft.
Garuda's communications department said the pilot and the co-pilot of the plane were undergoing physical and psychological recovery treatment.
They would receive $120,000 (£85,000) each in insurance compensation for the treatment, Asia Pulse said.
The pilot and co-pilot will also receive appreciation from the government and the airline for their success in directing the aircraft to the river, saving all on board except one crew member.
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