Frenchman's Reef re...
 
Notifications
Clear all

Frenchman's Reef restoration on hold

(@east-ender)
Posts: 5404
Illustrious Member
Topic starter
 

This is not good for St Thomas: https://stthomassource.com/content/2020/05/13/covid-delays-frenchmans-reef-pushes-back-reopening/

 
Posted : May 13, 2020 4:30 pm
(@jaldeborgh)
Posts: 534
Honorable Member
 

I read an article today that is saying the Hertz car rental may declare bankruptcy as early as May 22nd.  They apparently have a $400M payment due on some loans that is in danger of being in default.  The article was actually focused on the impact of this on the used car market, it stated that Hertz has slightly more than 500,000 vehicles that if there were to suddenly go in the used market the effect would be bad for the auto market.  Good for prices but the unintended consequences would be bad for the market.

 
Posted : May 13, 2020 5:17 pm
(@vicanuck)
Posts: 2936
Famed Member
 
Posted by: @east-ender

This is not good for St Thomas: https://stthomassource.com/content/2020/05/13/covid-delays-frenchmans-reef-pushes-back-reopening/

Another sign of the times.

Things are going to get pretty lean in the VI for the next few years.

Maybe people will start cruising again (lol).

 
Posted : May 13, 2020 5:19 pm
(@stxsailor)
Posts: 628
Honorable Member
 

The cure is worse than the disease.....

 
Posted : May 14, 2020 9:00 am
Search this website Type then hit enter to search
Close Menu