Cruise operator Carnival posts $2 billion adjusted quarterly loss

3 weeks ago
ARTICLE AD

A Carnival cruise vessel is docked, amid the coronavirus illness (COVID-19) pandemic, successful Long Beach, California, U.S., April 7, 2021.

Lucy Nicholson | Reuters

Carnival Corp reported an adjusted quarterly nonaccomplishment of $1.99 cardinal connected Friday, arsenic the cruise relation spent much to get employees backmost connected its rolls and hole its ships for voyages aft much than a year.

As the company's cruises instrumentality to service, Carnival said it expects to proceed incurring precocious restart-related costs.

The institution said booking volumes for aboriginal cruises during the 3rd 4th were not arsenic robust arsenic the 2nd quarter, owed to heightened uncertainty astir the Delta variant of the coronavirus.

Carnival, however, said voyages for the 3rd 4th were currency travel affirmative and expects this to continue.