Royal Caribbean warns of second-quarter loss on COVID-19 hit

  • 📰 Reuters
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

Royal Caribbean Cruises Ltd forecast a loss in the second quarter on Wednesday as the cruise operator struggles with mounting debt amid trip cancellations due to travel curbs imposed to check the spread of the coronavirus.

Traders wait for stocks to resume trading on Royal Caribbean Cruises Ltd. on the floor of the New York Stock Exchange in New York, U.S., March 13, 2020. REUTERS/Lucas Jackson

The company, which posted a bigger-than-expected loss in the first quarter, has faced the brunt of the COVID-19 pandemic as major outbreaks in cruises were blamed for spreading the disease.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Cruise ships are huge polluters. Hope they all go broke.

I'm surprised that at least one of the big cruise lines hasn't folded. Even before coronavirus, the industry over built, and marketing will only cover so much of that problem

You don't say.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

A Royal Expert Thinks Meghan & Harry Always Had an ‘Agenda’ to Be ‘International Royals’A royal expert thinks MeghanMarkle & PrinceHarry always had an ‘agenda’ to be ‘International Royals.’
Source: StyleCaster - 🏆 104. / 63 Read more »

Princess Theodora of Greece Postpones Royal Wedding amid Coronavirus CrisisPrincess Theodora of Greece and Denmark was set to marry American lawyer Matthew Kumar, but COVID-19 changed their plans
Source: people - 🏆 712. / 51 Read more »

Inside the Royal Family's Favorite Bahamas RetreatPrincess Diana, Prince William, and Prince Harry once vacationed here, and now it's for sale.
Source: CafeMom - 🏆 701. / 51 Read more »

11 times royal parents doted on their children: from Kate Middleton to Prince HarrySee adorable photos of the royal family doting on their children, from Princess Diana to Prince Harry, Sarah Ferguson and King Felipe.
Source: hellomag - 🏆 24. / 68 Read more »

Prince William & Kate Middleton Break Social Media Protocol With Royal Family FirstPrince William and Kate Middleton Break Social Media Protocol With Royal Family First
Source: CafeMom - 🏆 701. / 51 Read more »

Kate Middleton Has a Royal Hack For Hiding Bra StrapsKate Middleton reportedly has a hack for hiding bra straps—check it out here.
Source: PreventionMag - 🏆 141. / 63 Read more »