The hunt in the treacherous southern Indian Ocean - where the Malaysia Airlines jet is believed to have come down on March 8, 2014 - involves sophisticated ships and equipment and is projected to cost up to 180 million Australian dollars (USD 130 million).
But it has so far drawn a blank as the two-year anniversary of the mystery disappearance nears.
Only a two-metre-long flaperon wing part that washed up on a Indian Ocean island beach last July has been confirmed as from the aircraft, although suspected debris found in Mozambique this week could be another breakthrough.
Australia's search chief Martin Dolan said he still held out hope of finding MH370 as an end to the difficult underwater hunt edges closer with the scouring of more than 85,000 of a designated 120,000 square kilometres zone complete.
"We haven't yet located the aircraft but we have a considerable area still to cover - over 30,000 square kilometres - still to go," Dolan, chief commissioner of the Australian Transport Safety Bureau (ATSB) told AFP.
The plane, which disappeared after inexplicably diverting from its planned Kuala Lumpur-Beijing route, had mostly Chinese, Malaysian and Australian passengers on board.
Those three governments have agreed that when the target area is fully searched, expected around June to July, they will pull the plug unless "credible new information" emerges.
Relatives of MH370 passengers have issued an emotional plea to keep searching beyond July, with one group representing the families begging authorities not to "simply chalk it up as an unsolvable mystery".
Despite the search having turned up nothing other than some long-lost shipwrecks, Dolan said he remained confident it was looking in the right place.
Analysis points to it entering the water within the so- called seventh arc, with investigators saying the "most likely" scenario was that no-one was at the controls and the plane ran out of fuel.
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