Jump to content

L454S

Members
  • Posts

    317
  • Joined

  • Last visited

Reputation Activity

  1. Like
    L454S got a reaction from twangster in POLL: Will you sail on a cruise before there is a COVID-19 vaccine?   
    It's not just the travel industries, keeping things shut down will have deep impacts on many segments and varieties of businesses both small and large.
    Even restaurants can't survive at 25% or 50%.
    I agree that it is just another SLIGHT risk we take when living our lives. I am OK with that. Lots of other things I can concern myself with.
  2. Like
    L454S got a reaction from Neesa in To pay or not to pay - End OF August cruise   
    I get your problem with this decision. We just used a couple FCC's for final payment on an upcoming September TA. We decided that RCI already had enough of our money in hand for future sailings. Also, we have not gotten ANY refunds of cash for Air2Sea and taxes totaling thousands.
    I won't send ANY more cash till RCI gets a few things get sorted out. Just do some last minute stuff with a sailing that WILL go.
  3. Like
    L454S got a reaction from Traveler in To pay or not to pay - End OF August cruise   
    I get your problem with this decision. We just used a couple FCC's for final payment on an upcoming September TA. We decided that RCI already had enough of our money in hand for future sailings. Also, we have not gotten ANY refunds of cash for Air2Sea and taxes totaling thousands.
    I won't send ANY more cash till RCI gets a few things get sorted out. Just do some last minute stuff with a sailing that WILL go.
  4. Like
    L454S got a reaction from SweetPea in POLL: Will you sail on a cruise before there is a COVID-19 vaccine?   
    Would head out tomorrow if possible, but not with a mask.
  5. Love
    L454S got a reaction from Neesa in POLL: Will you sail on a cruise before there is a COVID-19 vaccine?   
    Would head out tomorrow if possible, but not with a mask.
  6. Like
    L454S got a reaction from Mike P in POLL: Will you sail on a cruise before there is a COVID-19 vaccine?   
    Would head out tomorrow if possible, but not with a mask.
  7. Wow
    L454S got a reaction from Ogilthorpe in POLL: Will you sail on a cruise before there is a COVID-19 vaccine?   
    Would head out tomorrow if possible, but not with a mask.
  8. Haha
    L454S got a reaction from Ray in RCL during COVID-19   
    Just how large is that axe you are grinding?
  9. Haha
    L454S got a reaction from Matt in RCL during COVID-19   
    Just how large is that axe you are grinding?
  10. Like
    L454S got a reaction from DunkelBierJay in RCL during COVID-19   
    Just how large is that axe you are grinding?
  11. Like
    L454S got a reaction from WackyCactus in Transatlantic Cruise   
    Been on several both east and west bound. Have been fortunate in that all our sailings were smooth except for the last. That one was this past December from Venice to Ft. Lauderdale on the Pacific Princess(That was on a very small 600 passenger ship).
    If you are concerned, try what we did. We did our first on the biggest ship(Allure Of The Seas) and had a very smooth crossing. Try booking one of the larger ships. Sept. and Oct. sailings were very nice, as well as April and May.
  12. Like
    L454S reacted to Andrew72681 in RCL during COVID-19   
    I’m thinking this one. I’d love to know if he’s also working in closing down Joel Osteen’s mega churches. Holds 2.5x of an Oasis class vessel with a similar age makeup. 
     

  13. Love
    L454S reacted to ChessE4 in RCL during COVID-19   
    Your words of caution certainly make sense about buying stock in cruise lines (at this time), and many Wall Street analysts point to other ways of investing $$.  But I don't think your concerns are limited to the cruise industry, as all travel-related industries face similar issues.  They all play "financial chess games", and any vacation $$ you plunk down with any company could be lost after bankruptcy or related financial distress.  So I think it is wise for all of us to be cautious with our finances and our health..  But most members are cautious and simply prefer to take their risks on a cruise rather than on some other travel activity. 
  14. Haha
    L454S got a reaction from Hoski in RCL during COVID-19   
    Just how large is that axe you are grinding?
  15. Thanks
    L454S got a reaction from FoxboroCruiser in RCL during COVID-19   
    Just how large is that axe you are grinding?
  16. Haha
    L454S got a reaction from RCIfan1912 in RCL during COVID-19   
    Just how large is that axe you are grinding?
  17. Like
    L454S got a reaction from Neesa in RCL during COVID-19   
    Just how large is that axe you are grinding?
  18. Haha
    L454S got a reaction from Ogilthorpe in RCL during COVID-19   
    Just how large is that axe you are grinding?
  19. Like
    L454S got a reaction from USFFrank in RCL during COVID-19   
    Just how large is that axe you are grinding?
  20. Haha
    L454S got a reaction from USCG Teacher in RCL during COVID-19   
    Just how large is that axe you are grinding?
  21. Like
    L454S got a reaction from teddy in RCL during COVID-19   
    Just how large is that axe you are grinding?
  22. Confused
    L454S reacted to Otis B. in RCL during COVID-19   
    Be careful booking a future cruise... Why? 
    The cruise lines are hemorrhaging cash. RCL has 61 ships floating around ports.   Cruise lines and cruise ships are in survival mode. 
    The CDC can extend the ban on cruise departures from US ports indefinitely (beyond) the end of July 2020. All Business Interruption and Liability coverage on the ships (including reinsurance) have broader carve outs for infectious diseases beyond the current exclusions. Countries outside of the US may not permit cruise ships to dock, which is currently the situation in the Caribbean and Latin America. Carnival, with its ships flagged in the Bahamas, was barred from unloading passengers in the Bahamas when the pandemic hit and had to bring those passengers to the US. Even if countries permit ports of call, if a ship has sick passengers, that ship may be barred. In order for the cruise industry to operate, the airlines have to be flying aircraft, currently parked in Tulsa, Arizona, Raleigh-Durham, and anywhere else. Passengers will need to feel comfortable flying in middle seats in coach and adjacent seats in business for the airlines to return to profitability. To date, no therapeutic program currently under trials has, in Dr. Fauci's recent comments,  shown enough promise to stop trials and begin using immediately.   The biologics showing some possible use are expensive, IV-administered in a hospital, and used when patients appear to be in need of ventilation.  There is no oral antiviral for prophylactic purposes like Tamiflu for influenza. A vaccine is at least a year to 18 months away for general use, at best. Many drug companies make announcements, but until a stage 3 trial is complete and the vaccine is proven effective and safe, it's just words.  Scaling up several billion doses of vaccine will take months. Most large gatherings (arenas, stadiums, amusement parks, cruise ships) will be the last to return to activities, and will likely require a vaccination card to enter or attend. This is not a call-to-arms for anti-vaxxers.  It will be a requirement for cruise lines' insurance coverages. Corporation events (sales meetings, division recognitions, etc.), a substantial portion of cruise revenues, will not return for several years despite heavy discounting and promotions.  Financially-crippled hotels and resorts, will have a built-in advantage for open spaces, proximity to hospitals, and immediate access to airports in the event of an outbreak. When a cruise line says "We're Sailing in July," it means they are taking reservations and accepting payments.  It's the current policy of the cruise lines to apply a 100% credit for future cruises if you cancel prior to their canceling the cruise.  (How to travel to a departure port via an airline is another issue.)     It's only when the cruise line actually cancels the sailing you may try to obtain a cash refund.  Usually, the cruise line will credit the passenger with a 125% voucher for the cruise value on future cruises. 
    A problem shows up if a cruise line were to file for reorganization under bankruptcy law, the voucher would be worthless since it's an unsecured liability against the cruise line.
    When a cruise line announces "We have strong bookings for the first quarter of 2021," it means that the cruise line has rolled all those unreimbursed/vouchered passengers to Q1 2021 sailings -- subject to further delays.
    There is no cavalry, no Fed, no US Treasury coming to the Cruise industry's rescue.  For decades cruise revenues were treated by the IRS as offshore (tax-free) revenues.  The taxes paid in the US are payroll and property taxes for land-based operations. .  Because of these minimal tax payments along with subsidies by European governments for building ships, there is little interest in Congress to throw the cruise industry a financial lifeline.  Likewise, financial help from Europe is unlikely.    Anytime a Congressperson or Senator suggests reflagging in the US, the cruise model becomes completely broken as most shipboard crew are low-cost contract workers from less-developed nations, harder working than most Americans, but subject to termination at will.
    If you book and pay, even partially, for a cruise before a vaccine is available, you may not be able to obtain a cash refund unless Congress creates laws to protect passenger payments. 
    Word to the wise -- be careful...that's all.
     
  23. Like
    L454S got a reaction from Jill in Would you cruise if........   
    When do we leave???????????
  24. Like
    L454S got a reaction from SpeedNoodles in Would you cruise if........   
    When do we leave???????????
  25. Like
    L454S got a reaction from Zambia-Zaire in Cruise to No Where   
    Yet we still operate airlines and get in a "tube" for hours with other people. That is how this spread around the world, and continues to be.
×
×
  • Create New...