The Malaysian Government has approved a request made by US-based firm Ocean Infinity to carry out a fresh round of search operations in the southern Indian Ocean to find debris of the missing MH370 aircraft.

The approval was granted on ‘no cure, no fee’ basis, meaning Ocean Infinity will only receive the cost of the operation if they find the wreckage of the plane.

Ocean Infinity has already sent a vessel, Seabed Constructor, to search the missing aircraft, which disappeared in March 2014 with 239 people aboard.

“The approval was granted on ‘no cure, no fee’ basis, meaning Ocean Infinity will only receive the cost of the operation if they find the wreckage of the plane.”

Operated by Malaysia Airlines, the Boeing 777 aircraft was en route to Beijing, China, from Kuala Lumpur, Malaysia, when the incident happened.

The Governments of Australia, China and Malaysia have previously concluded an unsuccessful search in January last year.

The $200m search continued for 1,046 days, with the Australian Transport Safety Bureau submitted a final report stating that the authorities were nowhere closer to knowing the reason of the incident or exact position of the plane.

However, Malaysia revealed last October that it was discussing the possibility of resuming the search with Ocean Infinity.