Royal Caribbean's CEO Says the CDC Is Talking Constructively With Cruise Lines
As the weather continues to warm and the summer cruise season approaches rapidly, the CEO of Royal Caribbean (NYSE: RCL), Richard Fain, released a video statement about cruise-industry negotiations with the Centers for Disease Control and Prevention (CDC) regarding the end of the no-sail order. Cruise Industry News cites Fain's observation that 400,000 individuals have gone on cruises in 30 different countries where governments have approved a restart of the popular oceanic getaways, making Fain "optimistic that the CDC will too." Fain went on to remark "the CDC is engaging in a constructive dialogue with us in the industry to enable a return to service in a safe and healthy manner," a change from the government agency's previous determination to nix cruises until November.