Mickb Posted January 30 #1 Share Posted January 30 Saga have announced that they are seeking a strategic partner for their cruise ships in an effort to reduce the level of debt on their balance sheet. Depending on FOCL’s level of endebitedness and the appetite of the parent company. There could be an opportunity for Olsen to ‘acquire/partner’ the 2 new state of the art Saga ships, at one feel swoop get new contemporary tonnage and eliminate a strong competitor? Link to comment Share on other sites More sharing options...
Rare twotravellersLondon Posted January 30 #2 Share Posted January 30 19 minutes ago, Mickb said: Saga have announced that they are seeking a strategic partner for their cruise ships in an effort to reduce the level of debt on their balance sheet. Depending on FOCL’s level of endebitedness and the appetite of the parent company. There could be an opportunity for Olsen to ‘acquire/partner’ the 2 new state of the art Saga ships, at one feel swoop get new contemporary tonnage and eliminate a strong competitor? Level of indebtedness of FOCLs... £100,000,000+. Recently dropped from 4 ships to 3. Never ever has a newish ship. They may have to dream on. Link to comment Share on other sites More sharing options...
lovetocruise1953 Posted February 6 #3 Share Posted February 6 Saga are hugely expensive.......... Link to comment Share on other sites More sharing options...
Coravel Posted February 6 #4 Share Posted February 6 But I've been told you get free taxis to the port, free WiFi, free excursions and free drinks packages. Never been on one so don't take my word for it! Link to comment Share on other sites More sharing options...
JoJo1947 Posted February 7 #5 Share Posted February 7 On 2/6/2024 at 3:34 PM, lovetocruise1953 said: Saga are hugely expensive.......... Nit when you break it down. Great value for money as everything you pay in other cruise lines including Fred is included. Even some excursions are included. Link to comment Share on other sites More sharing options...
JoJo1947 Posted February 7 #6 Share Posted February 7 On 1/30/2024 at 8:58 PM, Mickb said: Saga have announced that they are seeking a strategic partner for their cruise ships in an effort to reduce the level of debt on their balance sheet. Depending on FOCL’s level of endebitedness and the appetite of the parent company. There could be an opportunity for Olsen to ‘acquire/partner’ the 2 new state of the art Saga ships, at one feel swoop get new contemporary tonnage and eliminate a strong competitor? Won't acquire but a partner is being sorted but Saga will keep what it offers now with no cuts 1 Link to comment Share on other sites More sharing options...
JoJo1947 Posted February 7 #7 Share Posted February 7 (edited) On 2/6/2024 at 4:46 PM, Coravel said: But I've been told you get free taxis to the port, free WiFi, free excursions and free drinks packages. Never been on one so don't take my word for it! Take my word for it as we've done loads of Saga cruises. Apart what you've said there's included travel insurance,included speciality restaurants,included full menu room service and drinks, gratuities included Spa, premium drinks,full afternoon tea. You only pay for shop goods,spa treatments and alternative excursions. Pop up restaurants no charge We usually leave with no bill. The food is top notch Edited February 7 by JoJo1947 1 Link to comment Share on other sites More sharing options...
JoJo1947 Posted February 7 #8 Share Posted February 7 On 2/6/2024 at 3:34 PM, lovetocruise1953 said: Saga are hugely expensive.......... Fantastic value for money when you break it down. We come off the ships with no bill. 1 Link to comment Share on other sites More sharing options...
Coravel Posted February 8 #9 Share Posted February 8 I forgot that insurance is included! That's a great saving. Link to comment Share on other sites More sharing options...
Recommended Posts
Please sign in to comment
You will be able to leave a comment after signing in
Sign In Now