San Francisco public schools will close for three weeks, the district superintendent announces
Cruise line executive says the industry doesn't need a bailout over the coronavirus crisisThe cruise industry is crafting proposals to address the coronavirus crisis, but they’re not looking for a government bailout, according to one cruise line executive.
“We’ve been through hundreds of things – hurricanes, and other health crises like SARS that we’ve lived through and grown from. Taking cash from the government is not how the cruise industry works,” said the executive. Industry cruise line leaders proposed a number of forward-looking initiatives that were jointly discussed with the Trump administration as part of the coronavirus task force led by Vice President Mike Pence, according to a source familiar with the situation. Discussions are ongoing and industry leaders are waiting to hear back from the administration about the proposals, added the source.The cruise line industry has taken a financial hit since the coronavirus outbreak in January.
Carnival’s Princess Cruises announced today that it would be suspending all voyages for 60 days in response to the coronavirus outbreak on two of its ships. Royal Caribbean on Tuesday extended its credit line by $550 million and withdrew its first quarter and full year 2020 outlook.
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