MH370 hunt to resume with up to $70M reward for wreckage

MH370 hunt to resume with up to $70M reward for wreckage

- in Business
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PUTRAJAYA, Malaysia — Malaysia’s government said Wednesday it will pay U.S. company Ocean Infinity up to $70 million if it can find the wreckage or black boxes of Malaysia Airlines Flight 370 within three months, in a renewed bid to solve the plane’s disappearance nearly four years ago.

Transport Minister Liow Tiong Lai said there was an 85 percent chance of finding the debris in a new 9,653 square mile area — roughly the size of Vermont — identified by experts.




Image: The Malaysia Airlines Boeing 777 that disappeared is seen on Nov. 15, 2013

The Malaysia Airlines Boeing 777 that vanished is seen in a photo taken at Los Angeles International Airport on Nov. 15, 2013.