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Author Topic: New hunt for MH 370  (Read 136 times)

Offline spacemaverick

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New hunt for MH 370
« on: January 10, 2018, 11:39:42 PM »
Now this is interesting..!!

Wonder if they can pull it off?

https://www.msn.com/en-us/news/world/firm-to-receive-up-to-dollar70-mn-if-mh370-found-in-new-hunt/ar-BBIe0GJ?li=BBmkt5R&ocid=spartandhp

"The Australian-led sea search, the largest in aviation history, was suspended in January last year.
But three firms submitted bids to resume the hunt privately and after lengthy negotiations, the Malaysian government agreed to engage Ocean Infinity on a "no find, no fee" basis."

"I would like to reiterate our unwavering commitment towards solving the mystery of MH370," Transport Minister Liow Tiong Lai said Wednesday at a signing ceremony for the deal."

The new search zone is an area of approximately 25,000 square kilometres in the Indian Ocean.

If the company finds the Boeing 777, the amount they are paid will depend on where it was located, said Liow
.
If it is found within the first 5,000 square kilometres, they will receive $20 million. The amount rises gradually to a maximum of $70 million if the jet is found outside the 25,000 square kilometre search zone.

Relatives of MH370 passengers welcomed the decision.

We shall see...
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Offline The Seeker

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Re: New hunt for MH 370
« Reply #1 on: January 11, 2018, 01:04:27 AM »
That is interesting, Mav; Perhaps this time the search will yield better results since it is a private entity working for a possible bounty...

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