Malaysia Airlines Flight 370 was in the southern Indian Ocean. As there were no places there where it could have landed, the aircraft must therefore have crashed into the sea. Just before Najib spoke at 22:00 MYT, an emergency meeting was called in Beijing for relatives of Flight 370 passengers. Malaysia Airlines announced that Flight 370 was assumed lost with no survivors. It notified most of the families in person or via telephone, and some received an SMS (in English and Chinese) informing them that it was likely that the aircraft had crashed with no survivors. On 29 January 2015, the Director General of
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).