Carnival Corporation & plc (CCL) is a leisure travel company. The company’s ships visit several ports under the Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises (UK), and Cunard brand names.
The demand recovery toward pre-pandemic operating metrics for cruise ship operators is expected to be affected by the hot inflation numbers, high fuel costs, and recessionary fears. The credit profile improvement of cruise operators is also expected to be challenged by increased borrowing costs.
