Skip to main content
U.K. Edition
Friday, 19 April 2024

Will the cruise industry make a comeback?

Credit: KTNV Channel 13 Las Vegas
Duration: 01:42s 0 shares 1 views

Will the cruise industry make a comeback?
Will the cruise industry make a comeback?

One of the largest cruise lines in the world canceling trips into the spring of 2021 and selling off ships.

ABC's Gio Benitez looks into whether cruises will ever make a comeback.

SELLING OFF SHIPS.ABC'S GIO BENITEZ LOOKS INTOWHETHER CRUISES WILL EVER MAKEA COMEBACK.THIS MORNING- NEW SIGNS OFTROUBLE ON THE HIGH SEAS-[GFX] ONE OF THE LARGEST CRUISELINES- CARNIVAL- SELLING OFFAT LEAST 18 CRUISE SHIPSTHAT'S NEARLY 20 PERCENT OF THECOMPANY'S FLEET SOT GENE SLOAN/ SR.CRUISE REPORTER, THE POINTS GUYIT'S REALLY A STUNNING AMOUNTOF MONEY THAT'S GOING OUT THEDOOR.// WE'RE TALKING ABOUT A CASHBURN AT CARNIVAL CORP OF MORETHAN $700 MILLION A MONTH, INTHE LAST FEW MONTHS.THE CDC STILL HAS A NO-SAILORDER IN EFFECT THRU THE END OFSEPTEMBER, BUT MANY EXPECT ITTO BE EXTENDED - [GFX] CARNIVALHAS ALREADY SOLD EIGHT OFTHOSE 18 SHIPS, TELLING US"THE SHIPS BEING REMOVED AREOUR OLDER, LESS EFFICIENT SHIPSTHAT WOULD HAVE BEEN REMOVEDOVER TIME." CRUISE SHIPS CANCOST HUNDREDS OF MILLIONS TOBUILD.WE DON'T KNOW WHO THESE SHIPSWERE SOLD TO BUT INDUSTRYEXPERTS SAY THEY USUALLY GO TOSHIP SCRAPPERS OR LESSER KNOWNCRUISE LINES.CARNIVAL THIS MORNING ALSOCANCELING MULTIPLE ITINERARIESINTO THE SPRING OF 2021 BUTBOTH CARNIVAL AND ROYALCARIBBEAN SAY A SLEW OF PEOPLEARE STILL BOOKING CRUISES FORNEXT YEAR- FOR ROYAL CARIBBEAN-MORE THAN HALF OF THOSE WEREBOOKED WITHIN THE PAST FEWMONTHS..AND IF WE CAN GET THROUGHTHIS, THECRUISE INDUSTRY CAN COME BACKAND PROBABLY EVEN CONTINUE TOGROW BUT SOME DOCTORS AREN'TCONVINCED THAT'LL HAPPENANYTIME SOON- SOT DR.JAY BHATT I THINK WE'RE TOOEARLY TO BE ABLE TO FEELCOMFORTABLE ON CRUISE SHIPSRIGHT NOW.THAT WAS GIO BENITEZ REPORTING.

You might like