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What will happen if Royal Caribbean goes bankrupt.

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NOTHING AMERICAN about any cruise lines.  Foreign ships, foreign workers.  NO bailout seen for them.  All those new ships in China sitting by the dock of the bay.  No cure for the common cold or other diseases.  But COVID 19.  WOW look at all  the hoops being jumped thru to cure this.  

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11 hours ago, fonemanbob said:

NOTHING AMERICAN about any cruise lines.  Foreign ships, foreign workers.

Besides the fact cruise lines have headquarters in the United States, contributes $53 billion to the US Economy, or employs tens of thousands of employees on land and at sea?

Yes, their ships are foreign flagged due to antiquated protectionist US laws based in the age of sailing. So the cruise lines adapt, just like GM builds a manufacturing plant in Mexico. It makes better business sense.

I'm not saying the cruise industry deserves a bailout or not, but to state the cruise industry isn't American, or doesn't help the overall economy is just not true.

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The cruise industry is going to get a bailout in some form. The administration which again I am NO fan of has been talking about it. Airlines are way more irresponsible and they are certain to get a bailout. Everyone see the report that airlines have spent 96% of free cash they have made has gone to stock buy backs instead of saving for a rainy/virus day like this. Boeing which is a company I love has been extremely irresponsible over the last decade is going to get a bailout. They have been so hellbent on breaking their unions that they designed an unsafe aircraft that is costing them billions of dollars and their reputation. They will get a bailout.  

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Possibly not bankrupt but administration then takeover and FCC wiped thus they just keep everyone's cash and say sorry take it up with the creditors...

 

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