Well remember back in the 70's on back we routinely lost ships and planes in the Bermuda triangle.
This looks to be like that.
Has any other ships or planes been lost in that area before?
Edit: News reports concur
3-18-2014
http://finance.yahoo.com/news/missing-malaysia-plane-never-found-182603607--finance.html
What if the missing Malaysia plane is never found?
The plane must be somewhere. But the same can be said for Amelia Earhart's.
Ten days after Malaysia Airlines Flight 370 disappeared with 239 people aboard, an exhaustive international search has produced no sign of the Boeing 777, raising an unsettling question: What if the airplane is never found?
While rare nowadays, history is not short of such mysteries — from the most famous of all, American aviator Earhart, to planes and ships disappearing in the so-called Bermuda Triangle.
It has been nearly 50 years since a plane carrying more than two dozen people vanished without a trace, according to a list of unexplained aviation disappearances tracked by the Flight Safety Foundation. An Argentine military plane carrying 69 people disappeared in 1965 and has never been found.
"We all expect we're going to find this plane and the chances are probably pretty good that we'll find something. But you know, I think everyone thought that about Amelia Earhart as well," said Phaedra Hise, a pilot and author of "Pilot Error: The Anatomy of a Plane Crash." ''We know there's a chance that we may never find out what happened. Which is a little scary, isn't it?"