I understand what you mean. Providing that the world as we know it does not end: RCL is starting to be very agressive in the Alaska market. I think that they may take some of the market share away from Princess and CCL (Holland America)this summer season and beyond. They are the new guy's in that "town", with opportunity for growth. In this present environment Alaska may look more appealing to visitors for the coming summer season, rather than a cruise along the European Eastern seaboard, for example. Of course I'm also betting that we will get some positive results regarding the terorists. Thanks
Clearly, NCL is not the NCL of old--and that's good news. The brand is part of Star Cruises, which has a net worth of approximately $1.6 billion. A look at Star's financials indicates that they have less debt than either of the Big Two, and the financing for both of NCL's new ships still to be delivered is already arranged and committed.
Star Cruises is part of the much larger Genting Group, which has a total debt to capital ratio of just 10%. In other words, NCL is not down to its last nickel."
Thanks ipmaniac for the information! I didn't realize NCL had such deep pockets. I've got two cruises scheduled for 2002; one with RCL and one with Celebrity. I was scheduled to sail on the Mercury in May, but that ship has been pulled from the European market. Hopefully I can switch to the Constellation if the dates are right. Trying to be a good stock holder and a good customer! Kel