Malaysia Gives MH370 Search Another Year Under $70 Million Deal - Aviation A2Z
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Malaysia is paying Ocean Infinity $70 million — but only if they find MH370 — to comb 7,428 sq km of ocean floor by June 2027.
Principal-Agent ProblemGame TheoryExpected Value TheoryIncentive Design
Theory Briefing
- Malaysia extended the MH370 search to June 2027, a decade after the plane vanished with 239 people aboard.
- Ocean Infinity's $70 million contract is no-find, no-fee — the company earns nothing unless the wreck is located.
- The new search targets a specific 7,428 sq km zone, suggesting investigators have narrowed their best-guess location.
- A no-find, no-fee structure means Ocean Infinity bears the full financial risk of another failed search.