Carnival Cruises to See Modest Benefit After Collapse of Thomas Cook, Analysts Say
The fallout from the liquidation of U.K.-based Thomas Cook Group “could be a modest near-term positive” for the Carnival cruise operator, according to a research note. Carnival (ticker: CCL) operates many brands, including P&O Cruises, which is popular among British customers. Carnival is the largest U.S. cruise operator by revenue. Thomas Cook, the oldest travel agent in Britain, collapsed over the weekend. (barrons.com)
