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,
Kuala Lumpur International Airport Malaysia Airports (MAHB) Sepang Sdn Bhd and is the major hub of Malaysia Airlines, MASkargo, AirAsia, AirAsia X, Malindo Air, flyGlobal, UPS Airlines and AsiaCargo Express. The ground breaking ceremony for Kuala Lumpur International Airport (KLIA) took place on 1 June 1993 when the government under Mahathir Mohamad decided that the existing Kuala Lumpur airport, then known as Subang International Airport (now Sultan Abdul Aziz Shah Airport) could not handle future demand. The construction of the airport was done mainly by a few state owned construction companies as well as Ekovest Berhad – helmed by Tan Sri Datuk Lim Kang