Malaysia signed a deal on Wednesday to pay a US seabed exploration firm up to US$50 million if it finds the missing Malaysia Airlines aircraft MH370 in a new search area 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 AUD$200 million (US$157 million) search of an area of 120,000 sq km in January last…