Insightful Trader Tips
  • Finances
  • World News
  • Investing
  • Stock
World News

Malaysia says it will resume search for missing flight MH370

by December 20, 2024
December 20, 2024

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
previous post
Gold, Silver and Bitcoin Prices Fall as Fed Caps Off Year with Rate Cut
next post
At least one killed and several embassies damaged in ‘barbaric’ Russian missile barrage on Kyiv, Ukraine says

Related Posts

Wildfires sweep through forests in drought-hit Syrian coast...

July 6, 2025

Calls are mounting to ban Germany’s far-right AfD...

July 6, 2025

Dalai Lama marks his 90th birthday as crowds...

July 6, 2025

For the first time, Xi is missing a...

July 6, 2025

Iran’s supreme leader appears in public for first...

July 5, 2025

Ukraine says it struck a Russian air base...

July 5, 2025

Japan braces for more quakes, authorities dismiss doomsday...

July 5, 2025

A Gaza ceasefire is the closest it has...

July 5, 2025

Joyful Parisians take a historic plunge into the...

July 5, 2025

Denmark has long been Euroskeptic. Donald Trump helped...

July 5, 2025

Investing

  • Tech 5: US Lifts EDA Restrictions for China, Apple Explores Third Party AI for Siri

    July 6, 2025
  • Top 5 Canadian Mining Stocks This Week: Mkango Gains 90 Percent on Spin-out News

    July 5, 2025
  • Stallion Uranium to Resume Trading on the TSX-V and Enters into Agreement to Sell Shares of 1503571 B.C. LTD.

    July 5, 2025
  • Lithium Universe LtdInterview with Executive Chairman

    July 5, 2025
  • Syntheia Signs Definitive Agreement for Call Center Acquisition

    July 4, 2025

Disclaimer: InsightfulTraderTips.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.

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • About us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 InsightfulTraderTips.com All Rights Reserved.

    Insightful Trader Tips
    • Finances
    • World News
    • Investing
    • Stock
    Insightful Trader Tips
    • Finances
    • World News
    • Investing
    • Stock
    Copyright © 2025 InsightfulTraderTips.com All Rights Reserved.