(Bloomberg) — Malaysia concluded that the missing jetliner crashed in the southern Indian Ocean with no hope of survivors, ruling out theories of a detour over Asia or an island landing, as the search for wreckage drags on.

An analysis of satellite data shows that the Boeing Co. 777-200ER "flew along the southern corridor and that its last position was in the middle of the Indian Ocean, west of Perth," Prime Minister Najib Razak told reporters today in Kuala Lumpur after another fruitless day of air and sea patrols.

"This is a remote location, far from any possible landing sites," Najib said. "It is therefore with deep sadness and regret that I must inform you that according to this new data, flight MH370 ended in the southern Indian ocean."

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