Carnival Follows Norwegian Cruise Line Into 2021
It didn't take long for Carnival (NYSE: CCL)(NYSE: CUK) to realize that it's not going to be ready to entertain revenue-generating passengers this year. The world's largest cruise line operator canceled all December sailings for its North American brands on Monday afternoon, hours after smaller rival Norwegian Cruise Line Holdings (NYSE: NCLH) had pulled the plug on its December voyages.
The Centers for Disease Control and Prevention (CDC) let its No Sail Order expire at the end of last month, but replacing that with a conditional sail order comes with a lot of strings attached. The cruise line operators realize that it's going to take a lot more than two months to jump through those hoops. January is the new restarting line, and even that might prove to be optimistic.
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Source Fool.com
