Tuesday, 5 October 2010

Small-ship lines trumpet fiscal health after Cruise West's death

By: Johanna Jainchill - www.travelweekly.com

The shutdown of Cruise West on Sept. 18 was seen by many travel agents as a warning shot signaling the vulnerability of small-ship cruise lines.

Many of those lines have come forward in the last two weeks to assure the travel distribution system as well as consumers that they are financially sound and have capital and equity that Cruise West lacked.

"This is an isolated situation that happened because of its own set of reasons," said Sven Lindblad, founder of Lindblad Expeditions.

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