KUALA LUMPUR - The government remains focused on the search and rescue operations and not on the issue of a possible financial bail-out for Malaysia Airlines (MAS) should it incur losses linked to the crash of MH370.
"We are looking at the search-and-rescue. We will not entertain that kind of questions," said Acting Transport Minister Datuk Seri Hishammuddin Hussein when asked how the government was preparing to assist MAS if it had to ask for a bailout to withstand any MH370-linked financial losses.
Pressed further on the issue, Hishammuddin speaking at the daily MH370 press conference at the Putra World Trade Centre here said; "I have no details on that."
It had been reported by Bloomberg that family members could claim as much as US$175,000 (S$221,720) for every passenger aboard MH370 even if the Malaysia Airlines jet is not located
"The disappearance of Flight 370 remains a mystery. The legal claims against Malaysia Airlines - those are not a mystery," Robert Hedrick, a pilot and air-disaster lawyer in Seattle, was quoted as saying in the report. It had also been reported that Boeing and Malaysia Airlines are facing a lawsuit filed by family members of the victims of the ill-fated MH370 with papers filed in a Chicago court by Chicago-based firm Ribbeck Law Chartered.