Independent journal on economy and transport policy
02:11 GMT+1
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Royal Caribbean cancels three cruises to China for coronavirus emergency
Possible other measures if travel restrictions are kept in place
January 29, 2020
Royal Caribbean explained that this decision will have a expected impact on the 2020 annual financial year 0.1 dollars per share. The group has made it clear that if restrictions on travel to China should remain in place until at the end of February you would have a further impact equal to other 0.1 dollars per share. Royal Caribbean specified that, however, there are still too many variables and uncertainties about the spread of this contagion to calculate the actual impact on the business group: "For example," the company clarified in a note. we believe that an erosion of consumer confidence in China could have a further impact on the employment rate of ships in the region until the market normalizes. If these travel restrictions continue for a long time could have a significant impact on financial results company's overall results."
Royal Caribbean recalled that if in the winter season in China is based on only one ship of the group, however expected to be united in May and July next year. joined by two other ships, for a total capacity deployed in China throughout 2020 equal to 6% of the capacity overall fleet.
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Royal Caribbean explained that this decision will have a expected impact on the 2020 annual financial year 0.1 dollars per share. The group has made it clear that if restrictions on travel to China should remain in place until at the end of February you would have a further impact equal to other 0.1 dollars per share. Royal Caribbean specified that, however, there are still too many variables and uncertainties about the spread of this contagion to calculate the actual impact on the business group: "For example," the company clarified in a note. we believe that an erosion of consumer confidence in China could have a further impact on the employment rate of ships in the region until the market normalizes. If these travel restrictions continue for a long time could have a significant impact on financial results company's overall results."
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
