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What is a cruise contract?
Full-time contracts are usually 6 months in duration. At the end you will have a break of around 6-8 weeks before returning to ship. Full-time staff are generally expected to work on ship for more than one contract so if you want to do a one off cruise, a seasonal contract may be more suitable.
Are Norwegian Cancelling cruises?
Norwegian Cruise Line has canceled over five months’ worth of sailings on its ship Norwegian Getaway. Starting in May 2022, the vessel was previously scheduled to begin sailing nine-night Baltic Sea cruises roundtrip from Copenhagen, Denmark.
Is Norwegian Cruise Line in financial trouble?
As per the latest quarterly filing, the company had $13.10 billion in debt and $11.17 billion in net debt. That is a significant increase from its pre-pandemic debt levels back in early 2019, when the company had little more than $6 billion in debt.
How long does it take to get a refund from Norwegian Cruise Line?
about 3 to 4 weeks
Requests for refunds must be submitted in writing to Norwegian Cruise Line. Cruise tickets, air tickets, transfer coupons and/or vacation package vouchers must be returned before a refund can be made. Refund processing time is about 3 to 4 weeks.
Is Norwegian Cruise Lines a good investment?
Norwegian Cruise Line has improved its financial position even though it has taken on more than $12 billion worth of debt to survive, including an additional $2.1 billion in debt transactions conducted just this month.
Are cruises for 2022 Cancelled?
Unfortunately, there are still cruises being cancelled in 2022 due to Covid-19 and the uncertainty surrounding it. The pandemic has not ended, and some sailings have been cancelled due to too many Covid-19 cases onboard. The good news is that there are not the mass cancellations we saw in 2020.
How much debt does Norwegian Cruise Lines have?
$13.6 billion
“the Company’s total debt position was $13.6 billion and the Company’s liquidity was $3.1 billion, consisting of cash and cash equivalents and a $1 billion commitment available through August 15, 2022.”
What is Carnival’s debt?
“To put things into perspective, Carnival reported total debt of $33.2 billion in Q4 2021. In the most recent quarter (Q1 2022), the total debt has swelled to $34.9 billion. High leverage also implies significant debt servicing cost. For Q1 2022, the company reported interest expense of $368 million.
What is the outlook for Norwegian cruise Lines?
The 13 analysts offering 12-month price forecasts for Norwegian Cruise Line Holdings Ltd have a median target of 18.00, with a high estimate of 33.00 and a low estimate of 13.00. The median estimate represents a +52.54% increase from the last price of 11.80.
Is Norwegian a Buy?
NCLH has an overall POWR Rating of F, which equates to a Strong Sell rating. Currently, there are no stocks in the Travel – Cruises industry with an A (Strong Buy) or B (Buy) rating.
Can you get money back on a Cancelled cruise?
If a cruise is canceled by the cruise line, passengers are entitled to a full refund or credit for a future cruise.