The cruise line has been left with no alternative but to cease its river cruise operations due to a lack of financial liquidity. Pandaw has announced its river cruise operations will come to an end, due to a lack of funding in the wake of the COVID-19 pandemic. The impact...
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The cruise line has been left with no alternative but to cease its river cruise operations due to a lack of financial liquidity.
Pandaw has announced its river cruise operations will come to an end, due to a lack of funding in the wake of the COVID-19 pandemic.
The impact of COVID-19 on international leisure travel; the closure of Pandaw’s destinations in Vietnam, Cambodia, Laos, and India; and the Myanmar coup d’etat all contributed to bring about the fatal circumstances for the cruise line.
“Though forward bookings for a restart in 2022 remained strong, with great support from the ever-loyal Pandaw community, the company lacks the funding to continue layup operations of their 17 ships for another year,” the cruise line said in a statement.
More in tomorrow’s Cruise Weekly.
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