We're a long way into the current economic cycle and despite the potential for a slowdown, Norwegian Cruise Line Holdings CEO Frank Del Rio sees plenty of reasons to be cheerful.
It’s good news on the cost-cutting front, but Norwegian is still looking at a bumpy 2019, thanks in part to the continuing uncertainty over the Max aircraft.
From the sounds of it, Norwegian's next earnings update won't be pretty but it will be hoping that it has done enough cost-cutting to put it on a sounder footing in 2019.
Taking a peek behind the scenes during earnings seasons offers some useful insights. Can Norwegian make a successful play for bigger cruise spenders, and will Belmond eventually sell itself?
Willie Walsh loves a deal and it sounds like he is still keen. If Norwegian can sort out a cash injection, then a potential acquisition is even more attractive.
IAG is still willing to play the long game with Norwegian. If the price of fuel keeps rising, you'd imagine that the acquisition price would come down.