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,
Analysis of Malaysia Airlines Flight 370 satellite communications area, although reverse drift modelling is very imprecise over long periods of time. Analysis of Malaysia Airlines Flight 370 satellite communications The analysis of communications between Malaysia Airlines Flight 370 and Inmarsat's satellite telecommunication network provide the only source of information about Flight 370's location and possible in-flight events after it disappeared from radar coverage at 2:22 Malaysia Standard Time (MYT) on 8 March 2014 (17:22 UTC, 7 March), one hour after communication with air traffic control ended and the aircraft departed from its planned flight path while over the South China Sea. Flight 370 was a scheduled commercial flight