How to find MH370? Offer a bounty

Opinion piece suggests the next move in the search
After three fruitless years looking for the wreckage of Malaysia Airlines flight MH370, the expensive search has been abandoned. It remains one of aviation’s biggest mysteries. So, writes Luke Connelly, an economist and professor at the University of Queensland, Australia, in Aviation Week – what next?
He believes that free-market incentives – in other words a bounty – could encourage entrepreneurs to launch private searches.
Finding the wreckage would be of benefit to the aviation industry and to society around the world, Connelly writes.
The three-year search cost Australia, China and Malaysia $150 million. Now that it’s over, a consortium of governments, airlines, aerospace companies and other bodies could pool funds for a bounty.
Connelly discusses the various scenarios, advising that a ‘menu’ of bounties could be offered. Discovering the flight data recorder or fuselage could be of highest value, with a bounty of, for example, $100 million.
Aviation Week