On Saturday, Peter Greenberg went on CBS Saturday Morning to discuss the MH17 crash. After the tragic incident last week, the FAA has expanded a no fly notice to include not only the Black Sea and Crimea, but Eastern Ukraine as well.
Now more people are booking away from Malaysia Airlines, and that ripple effect is reaching Russia. Travelers are not only not booking through Malaysia Airlines, but they’re not booking cruises that travel to parts of Russia. As a result, prices for plane tickets and cruises could be seriously discounted in the next two to three months.
As for Malaysia Airlines, its stock value dropped so much that the company is worth 75 percent less than it was a summer ago. Despite MH17 and MH370, the airline still has a strong safety record.
- Travel Detective Blog: What MH17 Means for Malaysia Airlines
- The Future of Malaysia Airlines After MH17 Crash
By Peter Greenberg for PeterGreenberg.com