Royal Caribbean's CEO Says the CDC Is Talking Constructively With Cruise Lines
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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.
