With the events now in charge anything can happen. -Tom
Considering this isn’t going to end anytime soon, they will be out of business once the cash is burned. They have about 12 month’s cash supply, at most. That ends by March 2021.
“Looks good for the 3 big cruise lines to hang on economically. “
If they ever sail again, aren’t we the traveler going to be burdened with all this repayment ? Won’t the fares be much higher ?
I’m looking forward to them converting their cruise ships to condos. The special assessments could be a killer though.
“Lady’s and gentlemen, we struck an iceberg and will have to charge a special assessment in order to repair the hull. Each unit will be responsible for $10,000. The assessment will be added to your monthly payment. That is all.”
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Some probably got stimulus funding