Breaking news this morning out of Malaysia, where the prime minister announced that officials have concluded that Malaysia Airlines Flight 370 was lost in the Southern Indian Ocean.


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Read more below from FoxNews.com and watch his remarks above.

Malaysia's Prime Minister Najib Razak says new analysis of satellite data in the search for Malaysia Airlines Flight 370 indicates that the plane went down in the Southern Indian Ocean.

The analysis was provided by British satellite company Inmarsat and UK Air Accidents Investigation Branch, Razak said.

“Based on their new analysis….MH370 flew along the southern corridor and that its last position was in the middle of the Indian Ocean west of Perth,” Razak said Monday. “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 that flight MH370 ended in the southern Indian Ocean.”

Shortly before Razak’s announcement, relatives of the passengers were booked on charter flights to take them to Australia, sources told  Sky News. An emergency meeting between families and Malaysia Airlines officials took place in Beijing, Razak said. Paramedics were on scene there, according to Sky News.

“For them, the past few weeks have been heartbreaking. I know this news must be harder still,” Razak said.

Earlier Monday, Australian and Chinese search planes spotted more objects in the southern Indian Ocean that were identified as possible debris from the missing jet.

Australian Prime Minister Tony Abbott said the crew of an Australian P3 Orion plane had located two objects in the search zone -- the first grey or green and circular, the second orange and rectangular. The crew was able to photograph the objects, but it was unclear if they were part of an aircraft.

"They could be flotsam," Abbott said in Canberra. "Nevertheless we are hopeful that we can recover these objects soon and that they will take us a step closer to resolving this tragic mystery."