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Carnival Releases Update: Six Brands are Resuming Cruises
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When can we go on a cruise again? - Local News 8
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A year into the unprecedented global pause of the world’s largest cruise lines, no other segment of travel faces a more uncertain future, nor as much of a massive transformation to its business model. Beyond the ship’s decks, far-reaching implications loom for those destinations with an outsized dependence on large cruise ship tourism and its ripple effects.
Megaships remain synonymous with risk in the eye of an increasing number of consumers as the industry struggles to regain its clout. The public relations scar might run deeper than the industry likes to admit. A recent survey of 600 cruisers and non-cruisers in the UK and Australia, for example, revealed that 47 percent did not trust cruise lines to look after them if something went wrong during a voyage, while a staggering 67 percent were less willing to cruise because of the pandemic.
7 April 2021 15:18 GMT Updated 7 April 2021 15:20 GMT
Carnival Corp has begun the new fiscal year with a $2bn loss, racking up a fourth consecutive quarter of deficits that now total $12bn as a result of the Covid-19 downturn.
The Miami owner of 87 ships posted an adjusted net loss of $1.95bn for the first quarter beginning on 1 December 2020. That compares with $150m in profit for the same quarter last year.
That result translated into a $2.01 loss per share, according to TradeWinds calculations, missing analyst consensus of $1.54 loss per share. We are focused on resuming operations as quickly as practical, while at the same time demonstrating prudent stewardship of capital and doing so in a way that serves the best interests of public health, chief executive Arnold Donald said in a statement.
When can we go on a cruise again?
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