Join BI PrimeCarnival is poised for a tough year, the cruise ship giant said in a Friday filing with the Securities and Exchange Commission. One critical number shows how its loyal customers aren't abandoning the company: 45% of customers on canceled cruises agreed to future credits, rather than outright refunds.
The company said it will lose money this year in a regular filing with the Securities and Exchange Commission – but it doesn't know how much yet. Carnival stopped operations on March 13 and still has 6,000 passengers on ships globally that are set to disembark by the end of April. on Tuesday. Cruise-ship customers can be a particularly loyal bunch, with hundreds boarding cruises well after the coronavirus had spread beyond Asia. Demand for cruises will come back, analysts said — but it's impossible to know when both companies and consumers will be ready to sail.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Sounds like the country who the flag with (i believe it's Panama) should bail them out instead of US taxpayers
Stock is Going to 0. Company will survive. Common stock will not.
Just put this environmental disaster to the bin - easy 😄
People that go on cruises are disgusting.
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hobby Lobby stores still open in some 14 states amid coronavirus - Business InsiderState officials shuttered reopened Hobby Lobby stores in Colorado and Ohio, but employees in at least 14 states are still being forced to work in defiance of coronavirus-related lockdown orders JFC Michael's and Joann Fabrics are doing the same thing. Please check them out. Michael's has given the option to their employee's to either work or quit their jobs. Ruthless!
Source: BusinessInsider - 🏆 729. / 51 Read more »
Uber promised coronavirus aid, drivers say the company's not paying up - Business InsiderUber promised to pay drivers who couldn't work because of the coronavirus. But drivers say Uber has been closing their accounts after they seek sick pay, and then ignoring or rejecting their claims.
Source: BusinessInsider - 🏆 729. / 51 Read more »
March jobs report: US economy loses 701,000 jobs amid coronavirus - Business InsiderThe weak March number doesn't even come close to fully reflecting the impact of the novel coronavirus.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Movies theaters to rebound after reopening but not immediately: Survey - Business InsiderMost people polled in a survey said they would return to movie theaters after they reopen, but that they wouldn't for at least a few weeks. Not only movie .. everything But Social distance Daily wipe clean surfaces Many times hand wash Avaialbility of warm drinking water Should be norm of life henceforth Help others, volunteer, Good Bye to artifical life, no hand shake, hug, cheeks touch, patting This is a matter of survival don't know why such nonsense surveys come out Covid19usa The recovery (if at all that’s what you want to term it as) will be painful, slow & long. We live in a changed world. Someone just ripped our hearts out by unleashing the coronavirus. Of all things, Trust, takes the longest time to rebuild.
Source: BusinessInsider - 🏆 729. / 51 Read more »
RateSetter is exploring a potential merger or sale - Business InsiderRateSetter is exploring a merger or sale as market conditions are becoming increasingly harsh for P2P lenders amid the coronavirus pandemic.
Source: BusinessInsider - 🏆 729. / 51 Read more »