Carnival cruises posts $3bn quarterly loss due to Covid

SourceThe Guardian
SectorEconomy
CountryGCC

Cruise giant Carnival has announced a near $3bn (£2.3bn) quarterly loss – but signalled fairer waters ahead with its first sailing since March and bookings currently at the “higher end of historical curves” for holidays in the second half of next year. Most of Carnival’s global fleet remains in harbour with cruises suspended due to the pandemic, but the corporation said that were signs of recovery and that demand for cruise holidays was back to 2018 levels. It paused all operations in March, after coronavirus broke out on several of its ships and implicated Carnival in the global spread of Covid-19. The image of cruising took a colossal blow when passengers on the coronavirus-struck Diamond Princess were confined to their cabins in the early days of the pandemic, while another Carnival boat, the ...read more...