Object of Interest Found in the Search for Flight 370

Investigators say a long piece of metal has been found off the coast of Australia that could be from the Boeing 777.
1:36 | 04/23/14

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Transcript for Object of Interest Found in the Search for Flight 370
breaking details coming in on missing flight 370. The object just found is a long piece of metal. It comes after the bluefin-21 has hunted through more than 80% of the targeted search area. David Kerley here with the latest. Good morning, David. Reporter: Good morning, George. Is this finally the confirmation the world has been looking for. 47 days after flight 370 disappeared. Sources tell ABC news that this piece of metal is found on the south of Australia. It's south of Perth, near the city of Augusta. It's being called an object of interest. This long piece of metal has been turned over to police that that area and pictures sent to investigators. And an aviation investigator is headed to that city to relieve the object. And they'll study it to see if it's from the 777. Nothing has been seen at the bottom of the Indian ocean. The search is a 12-mile diameter circle around where the second black box ping was detected. As of this morning, ten mission, 80% of that search area covered. And they haven't seen anything. And a little bit of guidance, George. They have found other objects on the coast of Australia. None so far have proved to be from this 777. Meanwhile, we're 47 days in to this search. Any sense of what more can be done? Reporter: Yeah, I think the underwater search, over 80%, is probably going to come to an end by the end of this week. And a big transition is under way. What new equipment do you bring in? Who is going to pay for it? There's a big shift coming in this search by the end of this week, George. Okay. David Kerley, thanks very much.

This transcript has been automatically generated and may not be 100% accurate.

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