Malaysia is negotiating a "no find-no fee" deal with a USA company to renew the search for downed flight MH370.
"At this juncture, the Malaysian government has yet to arrive into an agreement with Ocean Infinity for the search of MH370 as widely reported in the media recently", said Datuk Seri Azharuddin Abdul Rahman, director-general of Malaysia's Department of Civil Aviation and head of the MH370 Response Team. "This include an offer by a company known as Ocean Infinity on a No Cure No Fee basis". "We favour Ocean Infinity", he said. Malaysian and USA officials have also been involved in the hunt.
The disappearance of MH370 remains shrouded in mystery.
Once the negotiation was completed and the terms and conditions agreed upon with the "Ocean Infinity", he said the Malaysian Government would seek an agreement from the governments of Australia and China to proceed with the search for Flight MH370, in the spirit of tripartite cooperation.
Danica Weeks, an Australian whose husband Paul was on the flight, said she was "ecstatic that the Malaysian government is doing what they need to do to continue to find MH370".
The Malaysian government's decision is likely to bring some sort of respite to the grieving family members of the victims of the doomed flight.
Australia led the initial search, after analysis showed the plane was most likely to have sunk to the bottom off the ocean off the coast of West Australia.
MH370 was carrying passengers and crew from 14 different countries when it disappeared, most from China and Malaysia.
Chinese citizen Steve Wang, whose mother was on MH370, told CNN that the prospects of a third party continuing the search was 'definitely good news'.
It's not clear how much the new search could cost.
What had seemed a routine overnight flight took a mysterious turn at some point following the pilots' radio "handshake" with Malaysian air traffic controllers as the plane entered Vietnamese airspace.
Delivering its report into the disappearance earlier this month, Australia's Transport Safety Bureau said it was "almost inconceivable" that the aircraft had not been found.
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