I am surprised the CEOs of these Cruise Lines keep cheerleading the fact that no income may go on for another year thru 2021.
Without looking it up, I would imagine the big 3 cruise Lines CARNIVAL, ROYAL and NORWEGIAN, make about 40% of their income on cruises originating in the USA, or coming into the USA.
IMHO downsizing is in the future for these lines, or some form of bankruptcy.-Tom
They’re laying the groundwork for bailout begging.
I have a different take. IMHO, the telecom is an effort to convince the uninformed that they should book now or their cruise may not be available.
IMHO downsizing is in the future for these lines, or some form of bankruptcy.
I agree!
I would also add that there could be some mergers between bankrupt cruise lines.
In a bankruptcy, the big loser will be the small investor who did not get out in time.
Thanks for posting the info on the "cruise industry".