July 21，During Yahoo Finance’s live web conference – “Road to Recovery”，Executives and experts from various fields in the United States express their opinions on the U.S. economic recovery under the attack of the epidemic。Arnold Donald, CEO of Carnival 188bet sports betting app download Lines, the world’s largest 188bet sports betting app download company, said at the meeting，I have tried my best to do everything I can，I am very proud of my employees。

Donald said，The company’s 188bet sports betting app download ships will soon set sail in Germany。With the gradual opening of European borders，Routes to Italy and other European countries will be added later，But it is still unclear when U.S. routes can resume。The two biggest problems facing Carnival 188bet sports betting app download Lines now，Just handling ships and raising funds。

Donald said frankly: "We have done everything we can do。”

March this year，188bet sports betting app download’s Diamond Princess and Grand Princess become symbols of the coronavirus outbreak，Thousands of passengers trapped on quarantined ship。The "Diamond Princess" was carrying 3,711 passengers and crew at the time，The number of people infected with COVID-19 exceeds 700，10 people have died。This incident has also become the focus of the new coronavirus outbreak in Europe。

Affected by this，This month 188bet sports betting app download announced its second quarter financial report and the reality is that its business has been severely hit。Financial data display，The company’s total operating income in the second quarter of 20207.USD 400 million，Decreased by 84 year-on-year.7%，Decreased by 84 month-on-month.55%；Negative operating profit 28.USD 1.3 billion，646 year-on-year decrease.21%，15727 month-on-month decrease.78%。188bet sports betting app download’s stock price has fallen about 70% this year。

At the meeting，Donald admitted that he is currently going through layoffs、Vessel sales and recycling of old vessels cut capacity by 9%，188bet sports betting app download can allow the company to reduce operating expenses by US billion per year。

“We accomplished something，Such as sending our crew home，Nearly 80,000 crew members have basically returned home safely in the past few months。188bet sports betting app download is a difficult task。Because the borders are closed，At the same time, restrictions and regulations in various countries are constantly changing，No flights available either。Even if we have our own chartered boat，Sometimes we also have crew members still on board，Facing last minute blocking issues。"He said，Currently going out of business to prepare for the resumption of flights in Germany in August。

Donald said，Expensive vessel maintenance is being performed with minimal operating expenses，And had to get rid of some assets。These ships are expensive to maintain，But the efficiency is very low。Even in a few years，It is also unlikely that ships 188bet sports betting app download reactivated，Now these ships have no chance to generate new revenue。

At the previous earnings meeting，188bet sports betting app download announced the sale of 13 cruise ships，188bet sports betting app download will be affected by this and reduce its capacity。

Assuming no income，188bet sports betting app download believes it has sufficient liquidity to sustain the next 12 months。The company said if needed，It has more ability to raise debt。At the meeting, Donald said: "We have conducted multiple rounds of financing，Priority Guarantee，Convertible common stock interests, etc.。Secondly，We are making a fuss about the newly issued notes，Nearly US billion has been raised so far，I am very proud of my employees。”

Since the outbreak this spring，Carnival 188bet sports betting app download Lines takes swift action，The company raises capital through a mix of debt and equity。In this process，Saudi Arabia’s sovereign wealth fund buys Carnival 8 in public offering.2% shares。

Earlier this month，The U.S. Centers for Disease Control and Prevention (CDC) extends the “no-sail” order for U.S. 188bet sports betting app download ships from July 24 to September 30。Donald told investors on an earnings call a few weeks ago，The United States has not yet begun serious discussions with the Centers for Disease Control and Prevention about resuming cruises。

Donald said，Three months ago，No one thought that Germany would start opening its borders ，But why are they doing this now？Because Germany currently has very low community transmission，The epidemic is easing its spread，The incidence rate is decreasing，Hospitals are not seeing a massive surge。So this is just the beginning，I don’t know when the business in the United States will be launched。For the 188bet sports betting app download industry, the top priority is public safety.

Although the cruise industry has been hit hard during the epidemic，AIDA, the German line cruise brand of Carnival Cruise Lines, has announced，Passenger ship operations of some cruise ships will resume from German ports starting from August this year。This way，AIDA will become the first of 188bet sports betting app download’s nine cruise brands to resume passenger ship operations，Some European countries such as Italy may soon give the green light to cruise ships。

Carnival Corporation is the world’s largest 188bet sports betting app download company，Holding nearly 50% of the global 188bet sports betting app download market，It owns 11 188bet sports betting app download brands，Includes Carnival 188bet sports betting app download Lines、Fathom Cruises、Holland America 188bet sports betting app download Line、Princess Cruises、Sebourn Cruises、Aida Cruises、Costa Cruises、Cunard Cruises、Railway (Australia) Cruises and Railway (UK) Cruises，operating a total of 105 188bet sports betting app download ships。According to company forecast，The company needs 25 188bet sports betting app download ships to sail at full capacity，Only to achieve balance of payments，This is equivalent to about a quarter of its fleet。

*Source of 188bet sports betting app download article：Sina Finance,Author: Liu Shuo, original title:《188bet sports betting app download CEO: We have done everything we can》.