Carnival Meltdown Coming
These cruise companies continue to cancel trips and will continue to do so. Today Carnival brands just announced more cancelations. This is in addition to cancelations just last week from Carnival and other brands. I have also come into possession of a letter directly from Carnival to travelers. In this letter it updates travelers on the current situation. It informs them they are unsure of when cruises will start again. It also says Carnival will be giving travelers credits. Credits means less revenue for Carnival per traveler. Once they resume cruises they will no doubt be forced to do so at reduced capacity. More lost revenue.
Link to letter.
[https://stocktwits.com/Xorzox/message/304754402](https://stocktwits.com/Xorzox/message/304754402)
https://www.reddit.com/r/StockMarket/comments/m6jfpm/carnival_meltdown_coming/
