Sale of assets14 Jun 2022 09:39
CCL need to make some drastic moves and reduce their asset base to keep this going. The sale of Seabourne to the Saudis needs to continue at pace, significantly raising capital and sells of debt. Older ships need to be scrapped and staff streamlined asap. CDC need to update their guidance to suit all other forms of travel (why the slow response to cruising?). Looks like they could also benefit from slightly discounting cruises to get occupancy up from 60% and make ships and onboard spending more efficient.