Search for Malaysia Airlines Flight 370 Minh City as the aircraft passed into Vietnamese airspace just north of the point where the final verbal communication was made. Less than two minutes later, at 01:21, the aircraft disappeared from the radar screens of both Malaysian and Vietnamese ATC, which use secondary radar to track aircraft. No distress call was made. Flight 370 was expected to arrive in Beijing at 6:30 local time (same time zone as Malaysia; 22:30 UTC, 7 March). At 7:24, Malaysia Airlines issued a media statement that Flight 370 was missing after contact was lost with Malaysian ATC at 2:40. The time of the
Malaysia Airlines Flight 370 Airlines from China, where the majority of passengers were from, were down 60% in March. In late March, several major Chinese ticketing agencies—eLong, LY.com, Qunar and Mango—discontinued the sale of airline tickets to Malaysia and several large Chinese travel agencies reported a 50-percent drop in tourists compared to the same period the year before. China was the third largest source of visitors to Malaysia prior to Flight 370's disappearance, accounting for 1.79 million tourists in 2013. One market analyst predicted a 20–40% drop in Chinese tourists to Malaysia, resulting in a loss of 4–8 billion yuan (RM2.1–4.2 billion; US$0.65–1.3 billion).