smokeybandit Posted October 27, 2023 #726 Share Posted October 27, 2023 35 minutes ago, RedOaks said: In that case RCCL can be debt free in 5 years as long as the financials stay the same. Stop building new ships and maybe they can be debt free earlier. Many profitable companies have a lot of debt. Apple, commonly one of the most profitable companies each year, has over $100 billion of debt 1 Link to comment Share on other sites More sharing options...
pyrateslife4me84 Posted October 27, 2023 #727 Share Posted October 27, 2023 1 hour ago, RedOaks said: In that case RCCL can be debt free in 5 years as long as the financials stay the same. Stop building new ships and maybe they can be debt free earlier. You can’t stop building ships in this field and stay relevant. And at the fares the new ships command, they are worth building. Royal is certainly happy they built Icon. Link to comment Share on other sites More sharing options...
Rare twangster Posted October 27, 2023 #728 Share Posted October 27, 2023 New ships are built on separate and distinct financing based on a sound business plan that is approved by the board and those lenders that are financing it. In this sense it is good debt if there ever such a thing. In contrast the debt incurred during the shutdown to service existing debt, expenses and obligations is not "good" debt in that it didn't directly generate revenue. It was required for the company to survive so in that sense it is "good". Basically more new ships equates to more new revenue that should more than support the debt required to generate the increased revenue. The revenue generated covers the cost to service the debt plus it generates additional income for the organization that can be applied towards other financial obligations. 2 Link to comment Share on other sites More sharing options...
Chiliburn Posted October 27, 2023 #729 Share Posted October 27, 2023 (edited) 2 hours ago, twangster said: New ships are built on separate and distinct financing based on a sound business plan that is approved by the board and those lenders that are financing it. In this sense it is good debt if there ever such a thing. In contrast the debt incurred during the shutdown to service existing debt, expenses and obligations is not "good" debt in that it didn't directly generate revenue. It was required for the company to survive so in that sense it is "good". Basically more new ships equates to more new revenue that should more than support the debt required to generate the increased revenue. The revenue generated covers the cost to service the debt plus it generates additional income for the organization that can be applied towards other financial obligations. @twangster are there any plans to convert some ships to green energy like methanol or ammonia. Maybe Wonder or the newer ships. Edited October 27, 2023 by Chiliburn Link to comment Share on other sites More sharing options...
ONECRUISER Posted October 27, 2023 #730 Share Posted October 27, 2023 4 hours ago, Billy Baltic said: Between increasing prices, decreasing quality/service and potential reducing loyalty recognition, there won’t be customers in 5 years IMO. Along with all that they are still running average 109% plus capacity and made 1 Billion in 3 months, lack of Passengers isnt an issue. 1 Link to comment Share on other sites More sharing options...
Russ Lomas Posted October 27, 2023 #731 Share Posted October 27, 2023 5 hours ago, Billy Baltic said: Between increasing prices, decreasing quality/service and potential reducing loyalty recognition, there won’t be customers in 5 years IMO. What is that they say? "There's a sucker born every minute." Liberty is doing his best to find these suckers who have not cruised before. Those of us who have are looking elsewhere, knowing that the tripling and quadrupling of prices with inferior service and food will not entice us to return. 3 Link to comment Share on other sites More sharing options...
Billy Baltic Posted October 27, 2023 #732 Share Posted October 27, 2023 22 minutes ago, ONECRUISER said: Along with all that they are still running average 109% plus capacity and made 1 Billion in 3 months, lack of Passengers isnt an issue. True. And it’s just my opinion but I think their current approach is only workable for a couple of years. 3 Link to comment Share on other sites More sharing options...
yyzcruising Posted October 27, 2023 #733 Share Posted October 27, 2023 5 hours ago, Billy Baltic said: Between increasing prices, decreasing quality/service and potential reducing loyalty recognition, there won’t be customers in 5 years IMO. There are a lot of factors to consider here, but price for what you get... our 2025 HNL-YVR repo we went with the Star Class Grand Loft Suite on Ovation which was almost the same price as a mid-ship Deluxe Family Balcony on Disney after (Disney converts from USD to CAD). RC is not going up in price in a vacuum and I think, for what you get (especially in a suite), there is some good value. 1 Link to comment Share on other sites More sharing options...
Rare twangster Posted October 28, 2023 #734 Share Posted October 28, 2023 6 hours ago, Chiliburn said: @twangster are there any plans to convert some ships to green energy like methanol or ammonia. Maybe Wonder or the newer ships. Not that I've heard. Retrofitting such a change is generally a pretty daunting concept but I don't know enough about the specifics to even venture to guess if its even viable. My initial gut reaction would be no, such a change if it was available to the shipping industry would go into new builds but I just don't know. 1 Link to comment Share on other sites More sharing options...
Chiliburn Posted October 28, 2023 #735 Share Posted October 28, 2023 13 minutes ago, twangster said: Not that I've heard. Retrofitting such a change is generally a pretty daunting concept but I don't know enough about the specifics to even venture to guess if its even viable. My initial gut reaction would be no, such a change if it was available to the shipping industry would go into new builds but I just don't know. Wärtsilä do convert ships and you would think the newer ships would have been built to be converted to biofuel or ammonia. I have just found out the reason royal is cutting back on ship here in Australia is to comply with carbon emissions. As you know everything is a long distance here and big fuel burn thus increasing the company carbon emissions. I just thought you might know. https://www.wartsila.com/marine/products/engines-and-generating-sets/dual-fuel-engines 2 Link to comment Share on other sites More sharing options...
springaussie Posted October 29, 2023 #736 Share Posted October 29, 2023 ( Something to watch later in the week,) Hawaii ports opened up Honolulu 29 April 2025 bookings a few hours ago. No Ovation listed for this date to match the current cruise on sale. Silver Moon has a booking in Hawaii for the 29 April. Quantum has 2 bookings now 23 April and an over night one 27- 28 April 2025. Anthem is booked 18 April 2025. We should know in a few days. 2 Link to comment Share on other sites More sharing options...
Suzcruz75 Posted October 30, 2023 #737 Share Posted October 30, 2023 7 hours ago, springaussie said: ( Something to watch later in the week,) Hawaii ports opened up Honolulu 29 April 2025 bookings a few hours ago. No Ovation listed for this date to match the current cruise on sale. Silver Moon has a booking in Hawaii for the 29 April. Quantum has 2 bookings now 23 April and an over night one 27- 28 April 2025. Anthem is booked 18 April 2025. We should know in a few days. Will be keeping a close eye as we are booked on the Ovation transpacific in April 2025 1 Link to comment Share on other sites More sharing options...
Rare Teeara Posted October 30, 2023 #738 Share Posted October 30, 2023 On 10/27/2023 at 12:29 PM, island lady said: Teerara...I booked that same cabin I had on our TA (and including our B2B we did in the Med prior) for my B2B coming up this Sunday. Much pricier for this one of course (with no price protection from cancelled Allure) but each leg 7K and 8K. Expected a higher price of course. Decided to check into another B2B for this same time next year...same cabin. Now almost 12K for each leg. Yikes!!! 😨 Nope...pass on that. Ended up on little Enchantment 9 night in a GS out of Tampa at this same time next year. 5K. Yeah, not same ship in the least...but yeowch!! $$$$ 😮 Yikes is right! Just nuts. For the Allure TA we're looking at getting 2 regular balcony cabins, one for each of us or I will get a junior suite and my roommate will get a regular balcony. I know there are some juniors with connecting doors to a regular balcony cabin. That way she can save money for her cabin whereas we also get a bigger balcony with my junior. It will, of course, depend on the pricing. Our upcoming Panama Canal cruise will be our last one sharing the same cabin. She needs her sleep and I snore. ;o))) On Wonder we alternated sleeping on the couch in the living area. Thank God for that Owner's Suite! It was a dream. 2 1 Link to comment Share on other sites More sharing options...
Rare island lady Posted October 30, 2023 #739 Share Posted October 30, 2023 2 hours ago, Teeara said: Yikes is right! Just nuts. For the Allure TA we're looking at getting 2 regular balcony cabins, one for each of us or I will get a junior suite and my roommate will get a regular balcony. I know there are some juniors with connecting doors to a regular balcony cabin. That way she can save money for her cabin whereas we also get a bigger balcony with my junior. It will, of course, depend on the pricing. Our upcoming Panama Canal cruise will be our last one sharing the same cabin. She needs her sleep and I snore. ;o))) On Wonder we alternated sleeping on the couch in the living area. Thank God for that Owner's Suite! It was a dream. Sounds like a fantabulous plan! I know you will enjoy, especially now that she is feeling better! Have a great cruise! Link to comment Share on other sites More sharing options...
yyzcruising Posted October 30, 2023 #740 Share Posted October 30, 2023 20 hours ago, springaussie said: ( Something to watch later in the week,) Hawaii ports opened up Honolulu 29 April 2025 bookings a few hours ago. No Ovation listed for this date to match the current cruise on sale. Silver Moon has a booking in Hawaii for the 29 April. Quantum has 2 bookings now 23 April and an over night one 27- 28 April 2025. Anthem is booked 18 April 2025. We should know in a few days. Quantum is booked April 25th 2025 in Kona. Link to comment Share on other sites More sharing options...
cruisin from florida Posted October 30, 2023 #741 Share Posted October 30, 2023 We're booked on Ovation 4/29/25 Honolulu to Vancouver. Link to comment Share on other sites More sharing options...
springaussie Posted October 30, 2023 #742 Share Posted October 30, 2023 3 hours ago, yyzcruising said: Quantum is booked April 25th 2025 in Kona. Kona twice 25 and 29 April 2025 for Quantum. Link to comment Share on other sites More sharing options...
yyzcruising Posted October 30, 2023 #743 Share Posted October 30, 2023 9 minutes ago, springaussie said: Kona twice 25 and 29 April 2025 for Quantum. The 29th definitely wasn't there ~3 hours ago... Interesting! We're on Ovation 4/29/25 Honolulu to Vancouver as well so watching closely. 1 Link to comment Share on other sites More sharing options...
nelblu Posted October 31, 2023 #744 Share Posted October 31, 2023 (edited) On 10/27/2023 at 11:51 AM, barbeyg said: They still have $20B in debt, most of that long-term debt, so that isn't accounted for on a current P&L statement. Only the current debt payments are reflected in the profit and loss statement. FYI, all interest expense for the year appears on the P&L statement, while the total debt appears on the balance sheet. Edited October 31, 2023 by nelblu Link to comment Share on other sites More sharing options...
barbeyg Posted October 31, 2023 #745 Share Posted October 31, 2023 1 hour ago, nelblu said: FYI, all interest expense for the year appears on the P&L statement, while the total debt appears on the balance sheet. Yes, I know that. I was referring to LT and ST debt only in my comment. Thanks. 🙂 Link to comment Share on other sites More sharing options...
Ken at the beach Posted October 31, 2023 #746 Share Posted October 31, 2023 8 minutes ago, barbeyg said: Yes, I know that. I was referring to LT and ST debt only in my comment. Thanks. 🙂 I say they just default on their loans, give them Celebrity (that they had pledged as collateral) and carry on.🤣 1 Link to comment Share on other sites More sharing options...
springaussie Posted November 1, 2023 #747 Share Posted November 1, 2023 Alaska 2025 now getting loaded. i can’t see any new repositioning cruises yet! 2 1 Link to comment Share on other sites More sharing options...
amindu Posted November 1, 2023 #748 Share Posted November 1, 2023 Why don’t they just release all destinations all at one time. Why the staggered approach? Link to comment Share on other sites More sharing options...
ONECRUISER Posted November 1, 2023 #749 Share Posted November 1, 2023 18 minutes ago, amindu said: Why don’t they just release all destinations all at one time. Why the staggered approach? Money made from New Bookings. Link to comment Share on other sites More sharing options...
Jimbo Posted November 1, 2023 #750 Share Posted November 1, 2023 55 minutes ago, amindu said: Why don’t they just release all destinations all at one time. Why the staggered approach? Because they can't handle all the calls into the call centers. 2 Link to comment Share on other sites More sharing options...
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