"We have said that if necessary we are ready to pay compensation," Yildirim told public TV network TRT late Monday, hours after Turkish President Recep Tayyip Erdogan reached out a conciliatory hand to Moscow over the incident that shattered ties between the two nations.
His comments come as Kremlin said on Monday Erdogan apologized for the death of the pilot who was killed when a Russian jet was downed over the Syrian-Turkish border last November.
On November 24, 2015, a Russian Su-24 bomber, taking part in a mission in Syria, was brought down by the Turkish Air Force.