Free Republic
Browse · Search
General/Chat
Topics · Post Article

This article takes a look at the cruise industry and its chances of renewing cruising . They don't see it happening until March 2021.

IMHO if it goes on into March 2021 Norwegian will go Chapter 11 to reorganize, and may have some company, as the other cruise lines re-evaluate their posiion with their creditors.

CARNIVAL LINE is spending 700 million per month with little or no income during the shutdown. - Tom

1 posted on 10/26/2020 2:25:45 PM PDT by Capt. Tom
[ Post Reply | Private Reply | View Replies ]


To: Capt. Tom

More room to toss Mitt Romney in the ocean.


2 posted on 10/26/2020 2:32:53 PM PDT by coaster123 (Hate has a home here.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Capt. Tom; gibsonguy; NormsRevenge; Chgogal; Ann Archy; dennisw; entropy12; Captain Walker; ...
The full last line in the article is :It would be interesting to see which companies will be able to survive such a hit and which companies will secure government bail-outs as a result.

One thing for sure, we will know in a few days. -Tom

3 posted on 10/26/2020 2:34:47 PM PDT by Capt. Tom (It's COVID 2020 - The Events, not us, are in charge now. -Tom)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Capt. Tom

Just restrict bookings to healthy people under age 60 for a trial period of say 3-4 months. Death rates for healthy people under age 60 from covid-19 is 0.5%....lower than auto crashes, drug overdoses, AIDS, drug resistant TB. They recover fast.


4 posted on 10/26/2020 2:39:34 PM PDT by entropy12
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Capt. Tom

I’m not surprised. With the ships tied up in port since more or less March 2020, it will take a couple of months to being the ships back to operational condition.


7 posted on 10/26/2020 2:50:45 PM PDT by RayChuang88 (FairTax: America's Economic Cure)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Capt. Tom

Great. :( NCL is one of my husband’s biggest clients.


8 posted on 10/26/2020 3:13:42 PM PDT by mplsconservative
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Capt. Tom

Financial analysts are 100% right when telling you what happened in the past. Otherwise, not so much. Consider a China Plague vaccination coming out before Christmas or maybe even by Thanksgiving. That reopens the cruise industry.


10 posted on 10/26/2020 3:51:06 PM PDT by ConservativeInPA ("Wapeace. Freedom is slavery. Ignorance is strength." - George Orwell, 1984)
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson