Norwegian Cruise Line (NYSE: NCLH) Norwegian Cruise operates the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands and has a combined fleet of 28 ships. Carnival stated that it expects a net loss in Q3 FY22 and for the full-year due to the ongoing effects of the pandemic, inflation, and elevated fuel prices. So, if the high yield market closes, or if there is "a demand shock that causes trip cancellations or weak bookings" followed by customer deposit outflows, then liquidity could rapidly be impacted.