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Carnival said that it burned $510 million per month in the third quarter of 2021, showing just how costly it is to run a cruise line that’s still not at full capacity.

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Just how long can they burn cash before running out?

2 posted on 09/27/2021 7:44:37 PM PDT by Flick Lives (We may or may not have reached herd immunity, but we've definitely achieved herd stupidity.)

To: Flick Lives; George from New England; cll; DarthFuzball; Tennessee Nana; Fai Mao; CodeToad; ...

Carnival said that it burned $510 million per month in the third quarter of 2021, showing just how costly it is to run a cruise line that’s still not at full capacity.

— Just how long can they burn cash before running out?

The Big 3 Cruise Lines Carnival-Royal Caribbean-Norwegian, have each borrowed BILLIONS to keep on operating.

As long as they make the payments or renegotiate them successfully, they can stay afloat.

IMHO Some of those big cruise lines will have to downsize their fleet in this coming year. -Tom

4 posted on 09/27/2021 8:05:15 PM PDT by Capt. Tom (.It's COVID 2021 - The Events, not us, are still in charge -)

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