Put it bluntly, the market has evaporated, you are going to need a lot of money to power a 2 billion dollar machine.
Simply impossible for any return to normality within 3-4 years. Profit could be 5+ years away. Without profit, it’s hard to envision growth and dividends.
These kind of events don’t come and go. This is so big it’ll make behavioural changes.
Absolutely travel will return with time. If FLT can navigate its way through this, eventually it will be a good investment once again.
How much of the business is cruise sales? 10-20%? I for the life of me cannot see to many lining up to go on a boat many years after this.
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Price($) | Vol. | No. |
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