Malaysia Airlines Flight 370 unofficial disappearance theories Malaysia Airlines Flight 370 unofficial disappearance theories Malaysia Airlines Flight 370 disappeared on 8 March 2014, after departing from Kuala Lumpur for Beijing, with 227 passengers and 12 crew members on board. Malaysia's former Prime Minister, Najib Razak, has stated that the aircraft's flight ended somewhere in the Indian Ocean, but no further explanation has been given. Official announcements have been questioned by many critics, and several theories about the disappearance have been proposed. Some of these have been described as conspiracy theories. The incident remains under investigation. Victims' relatives have questioned the veracity of the Malaysian government's statements about
Malaysia Airlines Flight 370 Malaysia Airlines was struggling to cut costs to compete with a wave of new, low-cost carriers in the region. In the previous three years, Malaysia Airlines had booked losses of: RM1.17 billion (US$356 million) in 2013, RM433 million in 2012, and RM2.5 billion in 2011. Malaysia Airlines lost RM443.4 million (US$137.4 million) in the first quarter of 2014 (January–March). The second quarter—the first full quarter in the aftermath of Flight 370's disappearance—saw a loss of RM307.04 million (US$97.6 million), which represented a 75-percent increase over losses from the second quarter of 2013. Industry analysts expected Malaysia Airlines to lose further