Carnival Wreck Timing May Exacerbate Cruise Business Loss – Bloomberg

Edward Strafaci This may be an anomaly , however it is just bad timing and too sensational . The Cruise Industry will fare better than the Airines, because unlike an air crash there is potential for survival in a sea accident.It does not carry the gruesome finality of a total disaster.

Is it this?

Or this.

The timing of Carnival Corp. (CCL)’s Costa Concordia cruise ship’s grounding off the coast of Italy, at the start of the peak booking season, may exacerbate the company’s losses.

About one-third of all cruise vacations are arranged during the so-called wave season from January to March, said Sharon Zackfia, an analyst with William Blair & Co. in Chicago.

“They’re the most profitable bookings,” Zackfia said in an interview. “Presumably most people now are booking for the key summer season, which is when the cruise lines make the bulk of their money.”

via Carnival Wreck Timing May Exacerbate Cruise Business Loss – Bloomberg.

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