Carnival CEO says company could survive rest of 2020 with no revenue - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Carnival's CEO said the company has enough money to make it through the rest of 2020 without bringing in any revenue

While Carnival lost $781 million between December and February, compared to the $336 million profit it made during those same months a year earlier, a little under half of the customers who reached out to the company regarding canceled cruises during the first two weeks of March chose to

, suggesting Carnival's customer base will not abandon the company when it is allowed to resume sailing.Do you work in the cruise industry? Do you have an opinion on how your company or the industry as a whole has handled the coronavirus? Email this reporter at

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

If bailed out.... for the second time. The Israeli mafia in charge.

I knew $9 for a beer was a little high.

Indian Premier League 2020 season has now been postponed indefinitely BCCI IPL coronavirus

Good cause your business is taking a definite HIT

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:

 /  🏆 729. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The coronavirus pandemic 'creates an opportunity' for business, Levi Strauss CEO says'I fundamentally believe, through this crisis, strong brands are going to emerge from this stronger than ever,' Levi Strauss CEO Chip Bergh said. “Did I say “business”? I meant Amazon and only Amazon” Yeah to take in hard earned tax payers money Repo men? This economy isn't just gonna bounce back. We were headed into a recession before it hit. Do you feel people are going to flock on cruise ships, airplanes, movie theaters or any confined spaces for a long time.
Source: CNBC - 🏆 12. / 72 Read more »

DataStax laid off ~15 employees in its third cut under CEO Chet Kapoor - Business InsiderSince CEO Chet Kapoor joined DataStax late last year, the startup — expected to IPO in 2019— has undergone three rounds of layoffs. What am I missing? Why is 15 such a big number when millions are currently being laid off.
Source: BusinessInsider - 🏆 729. / 51 Read more »