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Is Norwegian Cruise Lines a Buy?

Is Norwegian Cruise Lines a Buy?

Although operators have raised substantial amounts of money through debt and equity offerings to stay afloat, the U.S. Centers for Disease Control conditional-sail order staying in effect until at least November could cause them even more severe financial consequences. The CDC has issued conflicting guidance on travel. While the state of Florida is suing the CDC over its "arbitrary and capricious" cruise directive, Norwegian is seizing on the agency's broader travel industry guidance by saying it will mandate all of its crew and passengers be vaccinated before they will be allowed on its ships, and will implement other robust health and safety protocols, including universal COVID-19 testing.