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Tuesday, September 29th, 2020
Home » Tag Archives: Carnival Corp bailout

Tag Archives: Carnival Corp bailout

Carnival Cruise Line Terminates 7,000 Employees

Cruise ship officers. Smoke stack

PortandTerminal.com, September 21, 2020 MIAMI – Jim Walker, a maritime lawyer who writes the blog Cruise Law News, is reporting this morning that Carnival Cruise Lines has announced massive layoffs. Walker’s information is supported by other industry insiders and is based upon accounts from employees with first-hand information. “Today, several crew members provided internal documentation indicating that Carnival is sending …

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House Panel Opens Pointless Carnival Probe Over Cruise Virus Outbreaks

Cruise ship. Woman walking. Face mask

BLOOMBERG, May 1, 2020 The committee that has investigated Boeing’s 737 Max crashes wants to know more about Covid-19’s spread across the seas. Don’t expect much. The fix is in on this deal and Carnival has already won. BLOOMBERG, MAY 1, 2020 – The U.S. House Committee on Transportation and Infrastructure today opened an inquiry into Carnival Corp.’s handling of the …

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Carnival Cruise just got a multibillion $ bailout and tax-payers are PISSED-OFF

Four people. Standing. Crowd.

PortandTerminal.com, April 27, 2020 MIAMI, FL – The Wall Street Journal (WSJ) is reporting (paywall) that Carnival Cruise Line is getting an American taxpayer paid bailout. According to WSJ, the cruise line company was dead in the water when it began looking to borrow billions in high-interest loans. Then they found a crew of hedge funds (called “The Consortium”) willing to offer up …

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