However, the authorities will keep looking for the Lion Air flight's second black box and the cockpit voice recorder (CVR).
"Since yesterday afternoon until today we have not found any more victims and, therefore, I declare the search and rescue operation is over," said Muhammad Syaugi, head of the search and rescue agency.
"We apologise to the public, especially the families of victims if during the operation we were not able to satisfy everybody," he added.
The investigators had discovered the fault after analysing the flight data recorder (FDR) of the plane which plunged into the Java Sea minutes after taking off from Jakarta on October 29 with 189 people on board.
Boeing, the manufacturer of the 737 MAX 8, along with six black box experts from four different countries, are at present analysing the flight data recorder in Indonesia.
The black box is an important source for retrieving information linked to the mystery behind the crash of brand new Boeing 737 Max 8 jet in clear weather conditions.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)