Carnival to sell 6 cruise ships after $4.4bn loss in coronavirus slump - Business Insider

Carnival Cruises, which includes brands such as P&O, Princess Cruises and Cunard, is to sell 6 ships amid a downturn caused by the coronavirus crisis.

The industry has been hammered by COVID-19 after multiple outbreaks occurred at sea, and ports around the world closed to cruise ships. Carnival said it lost $4.4 billion in the past three months, and doesn't know when it can resume normal operations.Carnival is planning to sell 6 of its cruise ships after reporting a loss of $4.4 billion in the second quarter of 2020, as the coronavirus crisis continues to hammer the cruise industry.reported on ThursdayIt reported a massive drop its its revenues in the three-month period to May 31, taking in $700 million, a fraction of its $4.

All its cruises were suspended in mid-March, after onboard outbreaks were reported. Across the industry, by March 25 there had been coronavirus outbreaks on 36 cruise ships worldwide,Although Carnival has offered customers the chance to pause their bookings for a future date, half of them requested a cash refund, the company said.An estimated 21,000 ship staff are still stuck on board 49 ships which cannot dock due to governmental restrictions, the company said.

ConwayShow Never been on a cruise and never will. I've always thought they were floating germ factories.

🛳I love a good SALE but this doesn’t look good for the cruise titan! I don’t think any other cruise/travel market is able to make the purchase. Pockets are tight in that industry. Anyone see good times ahead from the lido deck? travel vacation cruise

ConwayShow I would imagine there is only one potential buyer on Earth, and his name is Jeff Bezos. Other than that maybe craigslist?

Yes, but a) who has the money?!,and b) what bank(s), are going to lend that kind of money for a very LONG wait for a return!? And (c) are they a 'job lot' sale!?

Maybe the flat earthers can buy one cheap and sail to the south pole to test their theory. FlatEarth

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I love cruising, but I think it will be at least two years after a vaccine until I board another one.

Sold? Who’d buy cruise ships?

damn

To who?

Wow

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