Last I knew, they were burning cash at an alarming rate. 1poorlady snagged some NCLH when they dropped after the pandemic really hit, and ships were ordered to port. Just a turn-around play. She was up a lot last year, but then by fall it had plummeted again. I haven’t checked, but I think she is still slightly up.
Some cruise lines are going under. One was announced last week, and I remember another one within the past two years or so. At some point one of the majors could go down if they can’t get more credit, and if they aren’t able to resume normal operations. What Jeff is describing can’t be “normal” if they hope to continue existing. Remember Pan Am or TWA? No? They were huge until they weren’t.
1poorguy