MH 370: Airline search may cost more than Rs 800 crore

, March 19: Probably the most extensive search operations in the history of aviation, looking for the ill-fated aircraft MH370 could be the costliest too. With the expanse of the search area widening by the day, the expenses are also increasing. In fact, experts believe that Malaysia may end up spending more than it could handle.

The incident has come at a time when Malaysia is grappling with acute financial crisis, but finding the aircraft is the top most priority of the government.

Moreover, the government-owned Malaysian Airline is spending crores to find the plane. Families of the missing passengers are being paid for fooding and lodging, apart from a financial assistance of $5,000 as they await for the news of their loved-ones. This, even while the government has launched the best of its vessels and aircraft for the search operation.

Close to 26 countries have chipped in their resources to find the plane. Meanwhile, a UN-backed nuclear watchdog has said that there has been no signs of an explosion or crash.

Regarding the missing Malaysian Airlines flight... the Vienna-based Comprehensive Nuclear-Test-Ban Treaty Organization (CTBTO) confirmed that neither an explosion nor a plane crash on land or on water had been detected so far," said spokesperson of UN secretary-General Ban ki Moon.

OneIndia News