Latest News

Malaysia says it will resume search for missing flight MH370

Malaysia has agreed in principle to resume the search for the wreckage of missing Malaysia Airlines flight 370, its transport minister said on Friday, more than 10 years after it disappeared in one of the world’s greatest aviation mysteries.

MH370, a Boeing 777 carrying 227 passengers and 12 crew, vanished en route from Kuala Lumpur to Beijing on March 8, 2014.

Transport Minister Anthony Loke said the proposal to search a new area in the southern Indian Ocean came from exploration firm Ocean Infinity, which had also conducted the last search for the plane that ended in 2018.

The firm will receive $70 million if wreckage found is substantive, Loke told a press conference.

“Our responsibility and obligation and commitment is to the next of kin,” he said.

“We hope this time will be positive, that the wreckage will be found and give closure to the families.”

Malaysian investigators initially did not rule out the possibility that the aircraft had been deliberately taken off course.

Debris, some confirmed and some believed to be from the aircraft, has washed up along the coast of Africa and on islands in the Indian Ocean.

More than 150 Chinese passengers were on the flight, with relatives demanding compensation from Malaysia Airlines, Boeing, aircraft engine maker Rolls-Royce and the Allianz insurance group among others.

Malaysia engaged Ocean Infinity in 2018 to search in the southern Indian Ocean, offering to pay up to $70 million if it found the plane, but it failed on two attempts.

That followed an underwater search by Malaysia, Australia and China in a 120,000 square kilometer (46,332 sq mile) area of the southern Indian Ocean, based on data of automatic connections between an Inmarsat satellite and the plane.

This post appeared first on cnn.com

You May Also Like

Economy

Top 15 Richest Self-made Men from 2000 to 2023 Welcome to our video showcasing the wealth evolution of the top 15 richest self-made men...

Investing

Israel carried out limited strikes in Iran early Friday in retaliation for Tehran firing a barrage of missiles and drones at Israel last Saturday....

Latest News

At least 21 people were killed, including two children, when a passenger bus plunged from a bridge in Mestre, Italy, near Venice on Tuesday,...

Latest News

Israel and Hamas have reached a deal for a four-day pause in fighting and the release of at least 50 women and children held...

Disclaimer: Tradetalkslive.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2023 tradetalkslive.com