A day after warning that it may be forced to file for bankruptcy, Norwegian Cruise Line announced today that it had raised over $2 billion in funding by skleb1234
that it may “not have sufficient liquidity to meet its obligations over the next twelve months, assuming no additional financing.
” While Norwegian is now better-positioned to weather the coronavirus pandemic, that doesn’t change the fact that widespread shutdowns and lockdowns have ground the global travel industry to a halt for the foreseeable future. Cruise operators, like Norwegian and its competitors Carnival, have all been especially hard-hit by the standstill in their businesses.
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