We’ve been keeping a close eye on updates and news from the cruise line industry.
Since then we’ve seen some indications that cruises to Alaska may begin again this summer and have seen Disney Cruise Line cancel sailings through July. And now it looks like Carnival Cruise Line is one step closer to an eventual return to sailing.
Disney theme parks around the world have been closed for months. Shanghai Disneyland recently broke the theme park stand-still by re-opening, but Disney has not yet announced when the rest of the parks will re-open.
In the wake of the closures, The Walt Disney Company furloughed employees and has been taking on debt to protect its financial future. Analysts recommended accepting equity agreements instead of additional lines of credit and Saudi Arabia’s public investment fund just offered Disney this opportunity.
Throughout the ongoing global health situation, we have been following the impact of sailings of the Disney Cruise Line ships in addition to the temporary closures of Disney Parks around the world.
As of last week, Disney Cruise Line has cancelled sailings into June and July for Disney’s fleet of four ships. These cancellations are made to promote guest and crew safety and also made in light of the CDC’s current “No Sail Order” for cruise ships. However, looking forward, we are starting to learn about other cruise lines and their plans to return to sailing in the future. [Read more…]