Carnival Cruise Swine Flu Statement Fails to Calm Stock Market

Carnival Cruise calms travelers' fears when it comes to swine flu and travel related questions, but is this enough for Wall Street? As the recession weakened economy receives another hit,  do business travelers know what to do if they suspect exposure to swine flu?

No Carnival Cruise Swine Flu Cases

In a statement reported by Reuters, Carnival Cruise lines reports that when it comes to swine flu and travel, there is no information on any Carnival Cruise swine flu cases. With swine flu making virtually hourly news and Mexico appearing to be ground zero for the latest outbreak, it stands to reason that some travelers of Carnival Cruise lines might be getting cold feet.

Airlines also fear the fiscal punch the swine flu may bring, and Singapore Airlines is on record stating that its cabin crew is charged with the responsibility of locating and presumably isolating passengers who shows signs of infection. At the same time, the staff will not wear face masks to protect themselves from swine flu containing sputum, nor will planes be disinfected.

Swine Flu and Travel Fears Dominate Recession Weakened Stock Market

Mexico relies heavily on the tourism dollar, but over the last few days the Mexican peso dropped significantly when compared to the American dollar, even as news outlets showed travelers crossing into Mexico in spite of the lethal swine flu cases reported there. Moreover, the Wall Street Journal suggests that travel related stocks are dovetailing perilously, and points to the losses airlines and also cruise lines are reporting.

Carnival in particular lost seven percent in the London market, while it dropped nine percent in the American venue. Royal Caribbean is not exempt and actually saw double digit losses on Wall Street. This explains the Carnival Cruise swine flu statement.

Making Swine Flu Travel Arrangements

Published by Sylvia Cochran - Featured Home Improvement, Pets, Parenting and Local Contributor Sylvia Cochran is AC's author known for edgy yet non-partisan news writing. Freelance writer, German/English translator, AC Community Guide, "Best of AC" '08 Election Coverage Award winner and Featured 'Home...  View profile
This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.