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.
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.
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