This is going to be a huge week for the cruise line industry. The Centers for Disease Control and Prevention's "no-sail" order is set to expire on Wednesday, freeing ships to resume operations as early as Thursday. The order has already been extended a few times as the pandemic has played out, and could be extended again, but there are some signs that it will actually stick this time.
Investors in cruise line stocks could use a boost. Shares of Carnival (NYSE: CCL) (NYSE: CUK) , Royal Caribbean Cruises (NYSE: RCL) , and Norwegian Cruise Line Holdings (NYSE: NCLH) have been slammed in the lull. All three operators have given the no-sail order some wiggle room, canceling all sailings until the start of November. Let's go over a few of the reasons why the industry can't afford another extension.
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3 Reasons Carnival, Royal Caribbean, and Norwegian Cruise Line Need to Start Sailing in November