Don't Ignore This Glaring Problem in the Cruise Industry
Shares of cruise line operators are sailing higher on hopes a COVID-19 vaccine will allow a return to normalcy and send their cruise ships heading back out to sea.
Carnival (NYSE: CCL)(NYSE: CUK), Norwegian Cruise Lines (NYSE: NCLH), and Royal Caribbean (NYSE: RCL) have all rearranged their finances to allow them to ride out the storm, even as they extend suspensions of any voyages further into the year. Depending on the operator, the earliest passengers will be embarking in May or June.
Yet even if the cruise lines do manage to meet their current sailing schedules, investors should still use caution. Voyages won't be returning en masse right away, and those ships that do shove off from land will not be at capacity.
Source Fool.com
