Professor Elam

Monday March 9 202

Obviously Norwegian is trying to book passage amid the virus crisis

but accounting wise what is the object

Answer – cost managerial – Norwegian is trying to at least get the fixed cost of operating their ships covered, never mind making a profit, imagine the huge fixed cost of ship, crew, fuel, dock fees already paid

Think of the supply chain of all the cancellations

resttaurants

tours like American Express

Hotels

Ship suppliers of food and drink

what a disaster