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Apr 4, 2020
10:53:56am
ReyOso Intervention Needed
Not all airlines may survive, but some will. Cruise lines, on the other hand...

It's hard to see how they get out of this mess. They're not essential, their reputation is in the toilet, and they're not going to be setting sail for months, at the very least. Worse still, they've been flying flags of convenience for decades so they don't have to pay U.S. taxes. A lot of people are going to rightfully suggest they go to Barbados or Panama to ask for their bailouts. And it's not like the country is going to be flush with cash anyway; hard decisions will have to be made.

Some cruising will eventually come back, I'd imagine, but bankruptcy will wipe out current shareholders.

This message has been modified
Originally posted on Apr 4, 2020 at 10:53:56am
Message modified by ReyOso on Apr 4, 2020 at 11:02:07am
ReyOso
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