Another Major Cruise Line Delays Its Return to Sailing
Someone keeps pushing out the starting line for the cruise line industry, and it's getting old. Norwegian Cruise Line (NYSE: NCLH) became the latest to flinch in this seemingly endless game of sea chicken, announcing on Wednesday that it's canceling all upcoming sailings through the end of October.
Larger rivals Carnival (NYSE: CCL) (NYSE: CUK) and Royal Caribbean (NYSE: RCL) are currently on hiatus through the end of September -- matching the Centers for Disease Control and Prevention's latest No-Sail Order. COVID-19 is serious business, and while the three stocks tend to bump higher whenever there's positive vaccine news, the near-term prospects remain dim.
Image source: Getty Images.
Source Fool.com
