Cruise Firms Will Survive Virus Impact, Instinet's Curtis Predicts

The video discusses the financial strategies of cruise lines during a crisis, highlighting their ability to draw down bank lines and cut operating costs, providing a year's cushion. It compares Norwegian and Carnival, noting Norwegian's better position despite Carnival's perceived stronger balance sheet. The expected recovery timeline is 6-9 months, with partial operations resuming in 2-3 months. Pricing and occupancy are projected to recover slowly, with revenues in 2021 at 50-60% of 2020 expectations. Liquidity is not a major concern due to potential government loan guarantees.

What occupancy rates are anticipated for cruise lines as they recover?

What role do government loan guarantees play in the survival of cruise lines during financial difficulties?