CroozFanatic

Sympathy for the crew. These are not EMT's that respond to automobile accidents. Gonna leave a lasting imprint for life.

Given enough money, I could build a cruise line that would win every award.

But, I couldn't build a cruise line that wins every award and is profitable.

See Crystal Cruises for similarities. Good luck VV, hope your fate is different then that of Virgin Orbit.

The catch is that your deposit/payment is not FDIC insured.

To an alien visiting from outer space....it is 99% similar.

1 hour ago, At Sea At Peace said:

 

Yep, that is out there.

 

I've always like the 110% award trophies, especially the ones given out by the coach to his son or daughter.  😄

 

Yes, the are projecting 110% capacity for their 3rd quarter (3-months ending August 31st).  That is their "summer season."  The need to make a boatload of net income to make it through the 4th quarter and restart a new year December 1st)  However, they are also projecting a NET LOSS for the (greatest 110% on all ships) 3rd quarter.

 

https://www.marketwatch.com/story/carnival-now-expects-3q-loss-positive-adjusted-ebitda-271656078653#:~:text=Carnival%2C the world's largest cruise,expected to end Aug. 31.

 

Be not concerned, they'll deflect to the new talking point (i.e., lipstick) to a new measurement level that we should look to ~ EBITDA should be positive.  LOL. In essence, we won't make money during this massive summer cruise season with 110% capacity "unless we don't count Interest, Taxes, Depreciation and Amortization."  🤥

 

Try that yourself at the bank.  🤣

 

Further, per their recent earnings release, they give ZIP, NADA, ZERO indications for the 4th quarter (3-months ending November 30th; not an overwhelmingly optimistic date range for the travel industry and especially cruise lines).

 

The "tipping point" possibly ahead of continued loss earnings reports is a decrease in historical demand, a reduction in cruise bookings (out of cautions) and erosion of their free Line of Credit; i.e., customer deposits.

 

Reported "liquidity" is $7.5 billion.

 

Comprised of the component "customer deposits" of $5.1 billion.

 

 

^^ this....liquidity can dry up quickly as customers cancel existing bookings and deposits and refuse to lay down new cash.

I think there is a greater than zero chance that THIS report from MS is the death knell - meaning it spirals to its death from this morning. Only time will tell.

A stock wipeout is bad, right?

Link

Can anyone hook me up on the Disney Wish Christening tomorrow? androidtestasdf at google mail dot com

I live in Orlando and would like to attend, but didn't get an invite....only media, bloggers invited from what I can tell.

Thx.

12 minutes ago, Island Dog said:

Wading through all of Virgin's "gobbledygook" it appears that the line seems to be struggling to book the Caribbean bound itineraries that they already have sailing in 2022. Their solution seems to be to cancel the Resilient Lady bookings and try to entice those canceled to book the Miami voyages by dangling the carrot of a free Cruise if you book both in 2022. Summer is usually prime family time for traditional lines. Being adult only might be hurting their Summer traffic and fall is low season for all lines due to hurricane season in the Atlantic. I get it. They are in business to make money and adding another ship to the region whilst you are well under booking capacity with ships currently sailing makes bad business sense. I just don't understand why they would alienate new customers booked for the first 4 months of 2023 by not extending the offer just to those booked in '23 to book the comped cruise and rebook the canceled cruise by April 30th 2023. There can't be that many of us. Unfortunately, despite it being the "fair" thing to do, that's not the direction they are headed in. All this gives me a bad taste in my mouth. I'm requesting a refund and won't consider Virgin moving forward for a long time at minimum.

When they cancelled Valiant for the TV show they received a lot of negative feedback. They upped the offer the next day....then upped it again a few days later.

17 minutes ago, Chrish2 said:

 

What's your thinking?

Storm coming

Tread carefully...

Itinerary is always #1. You have an opinion, but you don't represent the majority of cruisers.

First voyage, yes. I'd be worried too. Good product/service tho.

Just being realistic....at best, this change will be revenue neutral for NCL, meaning it won't cost the company any extra $. More likely, we'll see some cost cutting and smoke and mirrors touted as new benefits. Hope I'm wrong, but the ship (NCLH) is taking on water.

Is it too early to start complaining that there's no tier between Diamond (350) and Ambassador (700+)?

...uh...this is about what I would expect from the NY Times.

Ask Colonel Jessup if he ordered the Code Red.

The boarding problem was 100% check-in. Not sure what happened...COVID positive employees out sick? 

Done several cruises with VV.

This is a great idea...carry your luggage on the ship...if you can. If you test positive, you won't have to wait to have your luggage retrieved. 

Very helpful...and, yes, it works. Just boarded, although I only had a 24" bag, medium-sized checked bag. I did see folks with full sized bags tho.

Thank you for posting this. First account I've heard of testing positive at the pier. Good information for those planning to cruise.

Masks coming

VV has changed the boarding/arrival times available in the app. I took the earliest time...also 11:45am. Not sure if they are boarding before 2pm or not.

Risk/reward

But, 2023 prices....

2 hours ago, mrbf said:

Hello—how are you able to view the credits in your account? I signed up for the same offer when I was on board last month. 

You'll have to call Sailor Services. They are helpful, but the lines are busy.

Obviously we need a third category of OBC. That'll make everything perfectly clear.