Boeing is reportedly set to take over and perform a new underwater search currently funded by Australia, China and Malaysia, for the missing Malaysia Airlines Flight MH370.

The passenger flight disappeared on 8 March 2014 while flying from Kuala Lumpur International Airport, to Beijing Capital International Airport in China.

"When Flight MH370 went missing, 239 people were on-board."

Former National Transportation Safety Board member John Goglia said that the current search of the 46,000-square-mile area in a remote part of the South China Sea is set to conclude, but will continue and be supervised privately.

Investigators released a report stating that it is likely that the previously identified underwater area searched to date does not contain this aircraft.

The A$145m ($104.6m) search for the aircraft is led by the Australian Transport Safety Bureau, which said if no credible clues are available as to the plane's location following the completion of the search, the operation will be suspended.



When Flight MH370 went missing, 239 people were on-board.

Investigators started a multinational search effort in the Gulf of Thailand and the South China Sea, where the aircraft's signal was last detected on secondary surveillance radar. It was soon extended to the Strait of Malacca and Andaman Sea.