Tag Archives: P&O Cruises

Carnival Prepared for ‘Worst Case’ Scenario

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Carnival Corporation ships from P&O, AIDA and Princess
Arnold Donald, CEO of Carnival Corporation, addressed the media on a conference call on Thursday afternoon.

Highlights:

Donald said recent fundraising efforts from Carnival Corporation has prepared the company for a “worst-case scenario,” meaning capital to operate for some time without revenue. He noted the company was still seeking additional liquidity options in the form of stimulus packages from other governments.

Donald said he was hopeful that existing debt could be extended as well.

He noted the company is doing everything it can to take care of its crew and manage ships during the disruption.

“We want to make sure we are in a position to succeed once cruising resumes,” he commented.

As for as previously proposed industry regulations that said guests over 70 needed a medical waiver to board ships, Donald said he did not know what the future would hold in terms of new rules and regulations.

Donald said there was still demand and the company was seeing bookings for this summer as well as for the rest of 2020 and 2021.

“The (start-up) will probably be certain locations, certain destinations, certain times … it’s unlikely you’ll be sailing a full fleet right away or anything like that.”

In terms of Carnival’s upcoming 18 new ships and orderbook extending to 2025, Donald said most of the newbuilds could be delayed with shipyards currently closed.

Donald said the company was in dialogue with its shipyard partners on timelines, delays and event potential cancellations.

P&O and Cunard Extend Cruising Stop to May 15; Iona Delayed

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Iona

Coronavirus: P&O Cruises boss says ‘bear with us’

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P&O Iona currently doing sea trails.

P&O Cruises’ president, Paul Ludlow, has asked passengers to show “some forbearance and patience” as the cruise line deals with mass cancellations amid the coronavirus crisis.

On March 16, the cruise line was one of four Carnival brands which announced a temporary halt to all cruises, lasting until mid-April.

P&O Cruises said it will provide a 125% future cruise credit for passengers affected by the suspension.

In a message for passengers, Ludlow said: “I am…aware that some of you have stated you are frustrated at some of the changes we have had to make to our policies.

“While I understand your concerns, I would ask you to bear with us as we work through the multitude of new guidelines from government and industry bodies, including Abta.

“These are being updated regularly as this situation evolves and we are striving to strike the right balance between doing our very best for our guests and working in line with the rest of the travel industry in what will be, without doubt, the most challenging period the travel industry has ever seen.

“P&O Cruises needs you, more than ever, to stay with us and to show some forbearance and patience.

“Also, I promise you that I fully understand the disappointment caused for many of you, given your holidays have been curtailed, have been cancelled or are looking unlikely in the current situation.

“We are working through the very complex plan for our resumption of sailings and we will be sharing that once completed.”

The full statement is on the P&O Cruises Twitter feed @pandocruises

Abta issued guidance to members on delaying refunds on Friday and hopes for government confirmation of the changes today (March 23).

These would see ‘refund credit notes’ issued to consumers protected by the ATOL scheme, initially up to July 31.