Windstar’s Sails May Be Luffing Very Soon.
Goldring Travel
April 16, 2009
It was reported today that Ambassadors International, the parent company of Windstar’s owner, Ambassadors International Cruise Group, LLC, a wholly-owned subsidiary of Ambassadors Cruise Group, LLC, missed a $1,800,000 interest payment on the notes (loan) it used to purchase Windstar. Ambassador warned that if it cannot sell its non-Windstar assets