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,
Timeline of Malaysia Airlines Flight 370 hours of communication between several ATC centres, the Kuala Lumpur Aeronautical Rescue Coordination Centre was activated at 6:32. Malaysia Airlines released a press statement at 07:24, stating that contact with Flight 370 had been lost. A search and rescue effort is initiated in Southeast Asia on the morning Flight 370 disappears. Two passengers who boarded with stolen passports raise suspicion in the days after the disappearance, but they were later determined to be asylum seekers. On 9 March, some search efforts are launched in the Andaman Sea at the request of Malaysian officials, based on the possibility that the aircraft