Month: April 2021

DALLAS — Cruise lines are cheering word the U.S. Centers for Disease Control and Prevention is committed to resuming sailings in the United States by mid-summer and tweaking some of the rules around resuming trips. A spokeswoman for the Cruise Lines International Association says the group’s experts are still reviewing the CDC comments but show
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Cruise line stocks got the closest thing to a green light to set sailing again this summer. The U.S. Centers for Disease Control is relaxing its guidelines, allowing Carnival (NYSE:CCL)(NYSE:CUK), Royal Caribbean (NYSE:RCL), and Norwegian Cruise Line Holdings (NYSE:NCLH) to resume revenue-generating voyages as soon as mid-July. It wasn’t enough. In a cruel and quite frankly
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British over-fifties holidays group Saga has said that its tour and cruise businesses will resume operations later this year after cutting 36% of its workforce as it deals with pandemic-led travel disruptions. Saga recorded a stronger than expected annual profit, as lower motor insurance payouts during lockdowns offset losses in its over-fifties tour and cruise operations. The British
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