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Why Cruise Line Stocks Are Plunging Today
The Motley Fool ^ | May 24, 2022 | Travis Hoium

Posted on 05/25/2022 12:13:14 PM PDT by Capt. Tom

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To: Capt. Tom

Are the cruise lines having pro lens with staffing? I know the focus has been on debt service and fuel costs, but when a ship sails with 60% passenger capacity, is there enough staff?


21 posted on 05/26/2022 5:44:09 PM PDT by Bernard (“the rights of man come not from the generosity of the state but from the hand of God." JFK 1-20-61)
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To: Bernard
I know the focus has been on debt service and fuel costs, but when a ship sails with 60% passenger capacity, is there enough staff?

Because the cruise lines spin the reduction in passengers onboard, it is trouble figuring out whether they have reduced the number of passengers to avoid covid outbreaks, or because they can't get the crews necessary to have full ships, or they don't have passengers interested enough to fill the ships to capacity.

The bottom line is if you are not sailing with full ships you aren't making enough money to pay off the Billions of dollars in debt you owe. - Tom

22 posted on 05/27/2022 8:56:37 AM PDT by Capt. Tom (.It's COVID 2022 - The Events, not us, are still in charge. )
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To: Capt. Tom

Thank you for the explanation have heard a number of people mention this company and I was unfamiliar with them.

Will try to analyze this all some later.

All I know is the cruise industry has gotten hit extremely hard by COVID and since.

So I would certainly understand there being reasons for concern for the industry.

I realize I am no expert.


23 posted on 06/01/2022 10:14:59 AM PDT by Freedom of Speech Wins (A)
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