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.
Many people will not get vaccinated for the Covid -19 threat.
If that vaccination is a requirement to get on a cruise ship many cruisers will be left out ,and that is not good for the cruise business.
A problem working against the Cruise line is TIME, with no income to offset expenses.
They are spending billions while getting no income, and further delays will bankrupt them. -Tom
The annalists in this thread believe no cruises in 2020 and the cruises will be put off into 2021.
A recent development with Carnival is Princess Cruises which is one of Carnival Corporation cruise brands has decided to extend its pause in operations through May 2021.
Now this postponement is in Australia, but may be a sign of what to expect in this country from Carnival.
Time will tell in a few days. -Tom