At a press conference this morning, Malaysian Prime Minister Najib Razak announced that Flight 370 crashed in the southern Indian Ocean. Malaysia Airlines confirmed the news in a statement, saying that the "plane has been lost and none of those on board survived."

From Razak's statement:

"This evening I was briefed by representatives from the UK Air Accidents Investigation Branch (AAIB). They informed me that Inmarsat, the UK company that provided the satellite data which indicated the northern and southern corridors, has been performing further calculations on the data. Using a type of analysis never before used in an investigation of this sort, they have been able to shed more light on MH370's flight path.

"Based on their new analysis, Inmarsat and the AAIB have concluded that MH370 flew along the southern corridor, and that its last position was in the middle of the Indian Ocean, west of Perth.

"This is a remote location, far from any possible landing sites. 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.

Family members of the passengers were reportedly notified by Malaysia Airlines via text.

[Image via AP]