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

To: Capt. Tom

How much money can the cruise lines stand to pay out maintaining the ships and crew?


3 posted on 01/06/2021 7:58:21 AM PST by dynachrome ( “The people have spoken . . . and they must be punished.” Ed Koch)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: dynachrome

Though on second thought, maybe April is when saint biden and saint harris save us from the evil Trump kungflu.


4 posted on 01/06/2021 7:59:34 AM PST by dynachrome ( “The people have spoken . . . and they must be punished.” Ed Koch)
[ Post Reply | Private Reply | To 3 | View Replies ]

To: dynachrome
How much money can the cruise lines stand to pay out maintaining the ships and crew?

That would vary from line to line but the Cruise lines are saying they can go for 6 months or more without income. IMHO the problem is they are doing it with someone else's money.(billions borrowed) and some of their own.

Somewhere along the line the creditors may say "Enough" and force a bankruptcy while the creditors stand a chance to get their money back.
This has already happened last year with some of the smaller Cruise lines.

The Cruise lines themselves can ask for bankruptcy protection while they reorganize, or a different type of bankruptcy and just go out of business.-Tom

14 posted on 01/06/2021 9:55:54 AM PST by Capt. Tom (It's COVID 2021 - The Events, not us, are still in charge -Tom)
[ Post Reply | Private Reply | To 3 | 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