Norwegian Cruise Line Is Running Out of Beach Sand to Draw Lines In
It seems as if every time Norwegian Cruise Line Holdings (NYSE: NCLH) draws a line in the sand, a big wave comes in and washes it all away. The country's third-largest cruise line operator pushed out the restart date for its sailings on Wednesday. Again.
Norwegian Cruise Line won't be welcoming passengers on revenue-generating journeys until March at the earliest, a cruel reminder that investors were premature in cheering on the U.S. Centers for Disease Control and Prevention replacing its "No Sail" order with a conditional one back in late October. Requirements for Norwegian Cruise Line, Carnival (NYSE: CCL) (NYSE: CUK), and Royal Caribbean (NYSE: RCL) to build out testing labs, amp up safeguards, and run a few trial sailings on each ship have proven to be challenging obstacles in returning back to business.
Source Fool.com