10725
From: Captainj, [DNS_Address]
Subject: U.S. Firm Given 90 Days to Find Missing MH370 Aircraft
URL: http://gcaptain.com/u-s-firm-given-90-days-to-find-missing-mh370-aircraft/
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Malaysia signed a deal on Wednesday to pay a U.S. seabed exploration firm up to $70 million if it finds the missing Malaysia Airlines aircraft MH370 within 90 days of embarking on a new search in the Southern Indian ocean. The disappearance of the aircraft en route from Kuala Lumpur to Beijing in March 2014 with 239 people aboard ranks among the world’s greatest aviation mysteries. Australia, China and Malaysia ended a fruitless A$200-million ($157 million) search of a 120,000 sq. km area in January last year, despite investigators urging the search be extended to a 25,000-square-km area further to the north. Malaysian Transport Minister Liow Tiong Lai said a Houston- based private firm, Ocean Infinity, would search for MH370 in that 25,000-sq-km priority area on a “no-cure, no-fee” basis, meaning it will only get paid if it finds the plane. “As we speak, the vessel, Seabed Constructor, is on her way to the search area, taking advantage of favorable weather conditions in the South Indian ocean,” Liow told a news conference. The search will begin on Jan. 17, said Ocean Infinity Chief Executive Oliver Plunkett, who attended the signing event. Ocean Infinity will be paid $20 million if the plane is found within 5,000 sq km, $30 million if it is found within 10,000 square km and $50 million if it is found within an area of 25,000 square km. Beyond that area, Ocean Infinity will receive $70 million, Liow said. Its priority is to locate the wreckage or the flight and cockpit recorders, and present credible evidence to confirm their location within 90 days, Liow added. “They cannot take forever or drag it on for another six months or a year.” ‘UNIQUE SOLUTION’ Ocean Infinity’s vessel carries eight autonomous underwater vehicles that will scour the seabed with scanning equipment for information to be sent back for analysis. It has 65 crew, including two government representatives drawn from the Malaysian navy. The ship could complete the search within three or four weeks, and cover up to 60,000 square km in 90 days, or four times faster than earlier efforts, Plunkett told Reuters. “It was a unique problem that required a unique solution… We looked at it and said, ‘Let’s do something different than what other people would do,’ and that’s the essence of our business.” Ocean Infinity’s core business is in the oil and gas industry, as well as subsea exploration services for tasks such as underwater cabling and seabed mapping, he said. The company’s shareholders would bear the upfront costs of the search, Plunkett added. Debris from MH370 could provide clues to events on board before the crash. There have been competing theories that the aircraft suffered mechanical failure or was intentionally flown off course. Investigators believe someone may have deliberately switched off the plane’s transponder before diverting it thousands of miles out over the Indian Ocean. At least three pieces of debris collected from sites on Indian Ocean islands and along Africa’s east coast have been confirmed as being from the missing plane. |
10729
From: eaamon, [DNS_Address]
Subject: Re: U.S. Firm Given 90 Days to Find Missing MH370 Aircraft
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they will never find it there. using the Tomnod satellite service I found it in the day after viewing they were sharing with the public. the plane was in the original location they searched and you could see what was left of the plane after it was blown apart. the tail was maybe about 15-20 miles away from the main body, how and why can't say. found that too. it was sitting upside down partially floating. what they/the government will not tell you is they have a service that can see and even ID the numbers on any plane mid air.... I am sure what happened is being covered up to possibly prevent a war or retribution by another country. I know in 1963 there was a photo of a new york times paper being read by a man on the street. it was front page times that day. I later saw the real photo my dad worked for the camera company, the guy was smoking a old gold cigarette. I know because I was suspended from school for smoking one in the 5th grade prior to that. I can only say that I believe that all fishermen near the area were told to avoid being there because of military testing or something...my guess. |
10730
From: Captainj, [DNS_Address]
Subject: Re: U.S. Firm Given 90 Days to Find Missing MH370 Aircraft
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I guess that means the stack holders are gonna be in for $$ ride as they only get paid if they find something! |
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[10731]
10731
From: chaskuchar@nebr, [DNS_Address]
Subject: Re: U.S. Firm Given 90 Days to Find Missing MH370 Aircraft
| a few days after the disappearance the same model of the plane lost a panel in midair. I think that same thing happened and the air was gone but the autopilot worked until the fuel burned out. chas |
Responses:
None