Carnival cruises posts $3bn quarterly loss due to Covid

Many of its ships were hit by coronavirus in March but the operator says bookings are up for the second half of next year

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.

Continue reading…