Malaysia OKs new search by private company for missing plane

6Jan - by Editor - 0 - In STL.News

KUALA LUMPUR, Malaysia/January 6, 2018 (AP)(STL.News) —  Malaysia’s government said Saturday that it has approved a new attempt by a private company to find the wreckage of Malaysia Airlines Flight 370, nearly four years after its disappearance sparked one of aviation’s biggest mysteries.
The Houston, Texas-based company Ocean Infinity dispatched a search vessel this past week to look in the southern Indian Ocean for debris from the plane, which disappeared March 8, 2014, on a flight from Kuala Lumpur to Beijing with 227 passengers and 12 crew members.
The governments of Malaysia, China and Australia called off the nearly three-year official search last January. The Australian Transport Safety Bureau’s final report on the search conceded that authorities were no closer to knowing the reasons for the Boeing 777’s disappearance, or its exact location.
“The basis of the offer from Ocean Infinity is based on ‘no cure, no fee,’” Malaysian Transport Minister Liow Tiong Lai said Saturday, meaning that payment will be made only if the company finds the wreckage.
“That means they are willing to search the area of 25,000 square kilometers (9,653 square miles) pointed out by the expert group near the Australian waters,” he said.
However, he said, “I don’t want to give