Malaysia Airlines Flight 370 and replaced it with Flight 318 (MH318) beginning 14 March. This follows a common practice among airlines to rename flights following notorious accidents. The flight—Malaysia Airline's second daily flight to Beijing—was later suspended beginning 2 May; according to insiders, this was due to lack of demand. Malaysia Airlines was given US$110 million from insurers in March 2014 to cover initial payments to passengers' families and the search effort. In May, remarks from lead reinsurer of the flight, Allianz, indicated the insured market loss on Flight 370, including the search, was about US$350 million. At the time of Flight 370's disappearance,
Malaysia Airlines fleet years back to 2009. Malaysia Airlines and Airbus agreed on compensation and a new schedule for the deliveries on 31 March 2008, considering new overall plans of the airline, with the deliveries to be made in 2011. However, Airbus postponed the delivery of the first A380 for the second time. The first A380 was delivered in June 2012 and featured an all-new livery to highlight the airline's 'wau' kite design element. The first A380 commercial flight commenced on 1 July 2012 flying from Kuala Lumpur to London, with Kuala Lumpur - Sydney flights following on 25 September 2012. The airline