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Breaking News

6th October 2014 – A search has resumed deep in the southern Indian Ocean for the remains of Malaysian Airlines flight MH370 which went missing in early March with 239 people aboard.

The Boeing 777 veered radically of course on 8 March and simply disappeared.

Using little more than occasional pings between the aircraft and a communications satellite, investigators have concluded that it probably lays beneath an 110,000 sq km stretch of ocean about 1,800 km (1,100 miles) off western Australia.

On Monday, a vessel contracted by Malaysia, the GO Phoenix, began a fresh search for the aircraft. GO Phoenix is equipped with specialised sonar technology, as well as sensors which will test the water for traces of jet fuel.

GO Phoenix will be joined later this month by two ships sent by Dutch contractor Fugro. All three will conduct a detailed examination of the ocean floor, in the hope of finding wreckage from MH370.

Although the precise sequence of events that led to the loss of the airliner remain unknown, aspects of the case have led many analysts to conclude that foul play may be involved.

The ongoing search for the airliner may take over a year to be completed.

For more insight and analysis on this please contact us at any time on +44 207 193 6511 or +44 7974 020162.

Latest News

9th September 2014 – Onderzoeksraad Voor Veiligheid (OVV) – the Dutch Safety Board – has published preliminary information on the loss of Malaysian Airlines flight MH17.

The report says the aircraft broke up in mid-air after being hit by “numerous objects” that “pierced the plane at high speed” and that there was “no evidence of technical or human error”.

All 298 people on board died when the plane came down, amid reports it was shot down by pro-Russian rebels.

The plane was flying from Amsterdam to Kuala Lumpur when it crashed in eastern Ukraine.

Dutch aviation investigators relied on information from the black box flight data recorders, air traffic control, satellite images and photos from the scene to compile the preliminary report.

They said the plane “broke up in the air probably as the result of structural damage caused by a large number of high-speed objects that penetrated the aircraft from outside.”

The cockpit voice recorder revealed no signs of any technical faults or an emergency situation, the experts said.

For more insight and analysis on this please contact us at any time on +44 207 193 6511 or +44 7974 020162.

Recent News

29 August 2014 – Malaysia Airlines has announced massive job cuts, realignment of its route network and the installation of a new boss, as it attempts to recover from the double whammy blow of two major accidents in the space of a year and stiff competition from domestic carriers.

The announcement comes a day after the airline revealed dismal second quarter losses of Rm307m (£59m) – almost double that of the same period a year ago – and warned the situation would get worse.

The carrier’s majority investor Khazanah Nasional, the state investment fund which has taken over the struggling company, said the airline would be de-listed from the Kuala Lumpur stock exchange by the end of 2014 and that it is expected to return to profitability within three years.

The widely expected move will see 6,000 staff culled from a 20,000 strong global workforce and many of its less profitable long haul routes withdrawn as it restructures.

For more insight and analysis on this please contact us at any time on +44 207 193 6511 or +44 7974 020162.