‘NO CURE, NO FEE’

Texas Firm Will Renew the Hunt for MH370

A private Texas firm will renew the search for the wreckage of Malaysia Airlines Flight 370, which disappeared over the Indian Ocean in March 2014 with 239 people on board. Malaysia will pay the Houston-based Ocean Infinity between $20 million and $70 million if it finds the missing Boeing 777 that was flying from Kuala Lumpur to Beijing. The salvage company has agreed to the project on a “no cure, no fee” basis—meaning it will only be paid if it is successful in finding the craft and debris field.