Posted on 01/14/2022 2:39:27 PM PST by Capt. Tom
“What a shame.”
This came out tonight on the Norwegian Gem that I mentioned in an earlier Post. -Tom
https://news.yahoo.com/theyre-not-giving-us-information-202819575.html
We’re not booking any cruises now. Hope the Cruise lines can survive.
None of the experts seem to mention the possibility of bankruptcy. I guess the creditors, who the cruise lines owe Billions of dollars too, are willing to give the Cruise Lines more time to kick the can down the road. -Tom,
Cruise outfits will survive. Cruises are too much of a bang for the holiday buck. Based on my 38+ cruises experience, at THIS TIME, I am staying away from the very large, newer ships like this Norwegian ship, which are more popular and get filled up.
I sailed on MSC ship in September, and RCCL ship in November. Both were half empty. Covid safety protocols were excellent, and we did not hear of anyone getting infected, much less sick.
My next cruise is on Carnival Elation, which is older and smaller ship, and I expect it to be half full as well.
Right now, with these half full ships and bargain basement prices, and all people required to be fully vaxxed PLUS negative covid test within 48 hours of sailing, I feel safer on a cruise ship than ANY LAND based restaurant, theater, casino.
Are you flying to these cruises? I’m not interested in flying to a cruise right now. Too complicated with the flight cancellations & last minute testing.
I am 100 times more scared of flying in a closed titanium tube, sitting shoulder to shoulder, than traveling on a cruise ship with 1000 times more space than an aircraft.
And no, I am NOT flying to cruise terminals. I am 90 minutes drive from 2nd busiest cruise terminal in world, in Florida.
My interest in Cruise Lines is how they can stay the course.
They have suffered a loss of a years income.
And they have borrowed BILLIONS of dollars of money.
They have kept up hopes of a recovery with a next month, next quarter, next season, a couple more quarters, next year things will be much better with our pent-up demand for cruises-only to have all those hopes dashed.
So cruising right now might be a bargain for you; I can't understand why the financial experts don't mention the prospect of bankruptcy.
It doesn't mean the Cruise Line is going out of business; but that they need to get some breathing room to down size, and keep the creditors at bay.
I fully understand why the CEOs have to portray a stance that everything is going to be OK, because the lines depend on customers, who might not go on a Cruise Line that has declared bankruptcy, even though they will still be in business.
That is why cruise line bankruptcies happen out of the blue, with many ships in the middle of a cruise. Some Lines just go out of business permanently.- Tom
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