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NCL probably filing bankruptcy? #226045
05/05/2020 11:30 AM
05/05/2020 11:30 AM
Joined: Aug 2000
Posts: 76,706
Central Florida!
Carol_Hill Offline OP
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Carol_Hill  Offline OP
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Link

If so, I suspect it won't be the only one filing BK.


Carol Hill
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Re: NCL probably filing bankruptcy? [Re: Carol_Hill] #226094
05/06/2020 09:28 AM
05/06/2020 09:28 AM
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PelicanPirate Offline
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Hope not, bought some CCL as a bottom feeder.

Re: NCL probably filing bankruptcy? [Re: Carol_Hill] #227560
06/04/2020 03:28 PM
06/04/2020 03:28 PM
Joined: Aug 2000
Posts: 1,103
missouri
Cathyg Offline
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I am in contact with NCL...because i have an NCL Caribbean cruise booked in February 2021 and a Regent Baltic cruise booked in August 2021 and a Regent Asian cruise booked in March 2022.

So far we have been assured that NCL has plenty of money

Re: NCL probably filing bankruptcy? [Re: Cathyg] #227566
06/04/2020 05:04 PM
06/04/2020 05:04 PM
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Posts: 76,706
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Carol_Hill Offline OP
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Carol_Hill  Offline OP
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Frankly, I suspect that employees who deal directly with customers would be the LAST to know, if they were to file. That story is about a month old, so perhaps that is good news, that they haven't filed yet.


Carol Hill
Re: NCL probably filing bankruptcy? [Re: Carol_Hill] #227570
06/04/2020 06:42 PM
06/04/2020 06:42 PM
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Posts: 1,103
missouri
Cathyg Offline
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Quite frankly...I think it was a threat ...used to obtain a Government bail out. What they have told us is that there was a cash flow problem....and that has now been alleviated and they have plenty of money to continue. I am also good friends with my travel agent who sent me the email she received from NCL.

Lots of companies have been playing a game i think. Regardless....none of our cruises have been postponed or cancelled so far...so I am hoping things will proceed.

Re: NCL probably filing bankruptcy? [Re: Cathyg] #227581
06/05/2020 07:53 AM
06/05/2020 07:53 AM
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Carol_Hill Offline OP
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Carol_Hill  Offline OP
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As far as I know, the cruise lines have received NO government bailouts at all, because they don't pay US taxes. That was what I understood, although I could be wrong, as I haven't followed that.


Carol Hill
Re: NCL probably filing bankruptcy? [Re: Carol_Hill] #227591
06/05/2020 09:04 AM
06/05/2020 09:04 AM
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Posts: 1,103
missouri
Cathyg Offline
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https://www.usatoday.com/story/trav...d-day-after-warns-its-demise/5176598002/

I apologize...I used the words bailout...it was a rescue package

Re: NCL probably filing bankruptcy? [Re: Cathyg] #227593
06/05/2020 09:12 AM
06/05/2020 09:12 AM
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Carol_Hill Offline OP
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OK, thanks for the link. I didn't follow it after that first story.


Carol Hill
Re: NCL probably filing bankruptcy? [Re: PelicanPirate] #227962
06/13/2020 10:06 PM
06/13/2020 10:06 PM
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PelicanPirate Offline
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So far my purchase of carnival stock has been a winner, but time will tell.

You cant keep all these boats anchored/parked forever.

Their situation is like the airlines —- minimizing “ cash burn”.

Id go on a cruise right now if I knew it would hit most of the itinerary as scheduled.

Re: NCL probably filing bankruptcy? [Re: PelicanPirate] #227967
06/14/2020 07:50 AM
06/14/2020 07:50 AM
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Carol_Hill Offline OP
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I thought all cruise lines were on a 'no sail' order until August?


Carol Hill
Re: NCL probably filing bankruptcy? [Re: Carol_Hill] #228064
06/16/2020 10:20 AM
06/16/2020 10:20 AM
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Posts: 1,079
Louisiana
o2bnsxm Offline
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Originally Posted by Carol_Hill
I thought all cruise lines were on a 'no sail' order until August?


You are correct Carol. According to my Travel Agent (as of Yesterday), August 1st is "supposed" to be the start-up date for any of her bookings. We have an August 15th Cruise sailing out of New Orleans, and she said that it probably would not happen. We booked it last year, and it is paid for, but she said the Cruise lines that sail from N.O. (Disney, Royal Caribbean, Carnival, and NCL), have not made any plans to restart sailing out of New Orleans for now. IF (that's a big if) any Cruises start in August, they will be from Florida (Miami, Ft. Lauderdale,etc). Cruising looks iffy at best. Not many people are willing to book Cruises with the uncertainty of the sailings, the safety once onboard, and the chance to get a refund if canceled. We are hoping that our Cruise Line for August cancels, and we can get a full refund.

Last edited by o2bnsxm; 06/16/2020 10:21 AM.
Re: NCL probably filing bankruptcy? [Re: Carol_Hill] #228081
06/16/2020 02:38 PM
06/16/2020 02:38 PM
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Posts: 1,103
missouri
Cathyg Offline
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this was posted on NCL sight today
https://www.ncl.com/suspended-sailings

Last edited by Cathyg; 06/16/2020 04:44 PM.
Re: NCL probably filing bankruptcy? [Re: Carol_Hill] #228105
06/16/2020 07:41 PM
06/16/2020 07:41 PM
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Posts: 1,079
Louisiana
o2bnsxm Offline
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Thanks for that link Cathyg. I am hoping RCCL does something similar. My Travel agent has already noted on our account that we wish to get a refund on our cruise if it is canceled by Royal Caribbean. The Norwegian Getaway was the ship scheduled to sail from New Orleans, and I don't see it or any Caribbean destinations thus far.

Last edited by o2bnsxm; 06/16/2020 07:44 PM.
Re: NCL probably filing bankruptcy? [Re: Carol_Hill] #228108
06/16/2020 08:20 PM
06/16/2020 08:20 PM
Joined: Aug 2000
Posts: 1,103
missouri
Cathyg Offline
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I am trying to keep track of the cruise lines and tours we are booked on...honestly everything seems to be canceled through September....and some even in October.

We have a Tauck tour to Antarctica booked in December and an NCL cruise in February. I am hopeful both will transpire but who knows.


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