How much is the search for Malaysia Airlines Flight MH370 costing countries?

Search for missing aircraft enters 34th day today; we try to estimate the costs from reports.
How much is the search for Malaysia Airlines Flight MH370 costing countries?
Published: 10 April 2014 - 6:01 a.m.
By: AVB Staff

How much is the search for the missing Malaysian Airlines flight MH370 costing the countries involved?

The BBC and Australian website www.news.com.au have tried to estimate the costs: here are some of the notable points they have reported.

  • While Malaysia has refused to speculate on the costs of its search operations, according to the BBC estimate, the amount is around $33-42m. Fuel, spare parts, transporting supplies and relocation of staff all add to the cost.
  • Australian ship HMAS Success costs about $550,000 a day to operate, while another ship, the HMAS Toowoomba, costs about $380,000 a day.  But, according to a spokesperson for Australia’s defence department, who is quoted by www.news.com.au, there are indirect costs involved as well, such as administration, building costs and depreciation of aircraft assets.
  • According to a US Department of Defense spokesperson, it has set aside $4m to help the search: and between 8 and 24 March, it spent $3.2m. A further $3.6 million has been allocated to cover the cost of a towed pinger locator and an underwater autonomous vehicle.
  • Japan’s defence ministry are using money budgeted for emergency relief estimated to be around $9.2 million.

The search entered a 34th day today, and is likely to continue for a while yet, with newspapers reporting yesterday that Australian ship Ocean Shield, which had picked up signal pulses on Tuesday, had not been able to receive any further signals.

 


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