Malaysia has decided to extend the underwater search contract for the missing Malaysia Airlines Flight MH370.
Transport Minister Anthony Loke Siew Fook announced that the agreement with Ocean Infinity has been extended until June 30, 2027.
The key 'no find, no fee' principle remains unchanged. If wreckage is found, Ocean Infinity will receive a $70 million reward.
The extension allows the company to complete the remaining search area of 7,428.54 square kilometers.
Flight MH370 disappeared on March 8, 2014, while flying from Kuala Lumpur to Beijing with 227 passengers and 12 crew. Malaysia officially declared the plane crashed in 2015, but no wreckage has been found.
