Carnival Cruise Lines Has a Plan to Reopen
Carnival Cruise Line (NYSE: CCL) has become the first of the three major cruise lines to offer concrete plans as to when it will begin sailing from North American ports again. Those plans are, of course, still subject to the Centers for Disease Control allowing the cruise line to follow through, but Carnival has what seem to be realistic expectations.
This may provide a glimmer of hope for investors. It may also open the door for Royal Caribbean (NYSE: RCL) and Norwegian Cruise Line (NYSE: NCLH) to plan their own gradual returns. This is not a comprehensive reopening for Carnival. Instead, it's a small-scale plan involving eight ships operating out of three ports.
Carnival has a plan to resume some cruising. Image source: Carnival.
Source Fool.com
