To: Capt. Tom
Worth noting a passenger aboard the ‘cruise to nowhere’ tested positive for Covid-19 doesn't mean the passenger had covid. Which, as confirmed onshore, he didn't. That said, the arrival of a vaccine, ironically, puts recovery off till at least the second half of 2021, since it means passengers will need "vaccine cards" to board. Cash burn, nothing that can't be solved by conversion of debt to equity. I recognize the cruise industry isn't thought to be US based, but they're the only major employer to be treated by the government like the corner hot dog stand. Not a condemnation of the government for not helping the cruise industry, they (their brands and operations) will survive, rather our treatment of small business'
2 posted on
12/11/2020 11:20:16 AM PST by
SJackson
(We don't let them have ideas. Why would we let them have guns. Joseph Stalin)
To: SJackson; gibsonguy; NormsRevenge; Chgogal; Ann Archy; dennisw; entropy12; Captain Walker; ...
Worth noting a passenger aboard the ‘cruise to nowhere’ tested positive for Covid-19 doesn't mean the passenger had covid. Which, as confirmed onshore, he didn't. That said, the arrival of a vaccine, ironically, puts recovery off till at least the second half of 2021, since it means passengers will need "vaccine cards" to board. Cash burn, nothing that can't be solved by conversion of debt to equity. snip... The overreaction in Singapore to the Covid was one of the things I was mentioning in my post.
Vaccinations won't bail out the Cruise lines , since a lot of young healthy people won't take them. Right now, some medical groups in this country are letting their people opt out of the vaccines for COVID-19. I have spoken to several older people who won't take the vaccine, and the same position is held by some local talk show hosts.
The creditors who loaned the money to the cruise lines may demand a reorganization of a Cruise Line so they don't lose their loaned money. Pulmantur, a British Cruise line seems to have been put out of business that way.
In our country right now , two democrat politicians have asked the CDC for all Covid -19 info on Cruise Ships to go to their committee. You know that is not good news for the Cruise lines. -Tom
5 posted on
12/11/2020 11:47:25 AM PST by
Capt. Tom
(It's COVID 2020 - The Events, not us, are in charge -Tom)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson