Pandemic

Carnival loses $2.1 billion waiting for cruising to resume

Carnival loses $2.1 billion waiting for cruising to resume

By The Associated Press Troy Warren for CNT MIAMI — Carnival Corp. said it lost more than $2 billion in its latest quarter as the company’s cruise lines remained mostly shut down by the pandemic, but it said bookings for next year are running ahead of 2019′s pace. Shares of the Miami-headquartered company fell 2.5% on Thursday. The cruise industry was a visible early victim in the pandemic, as passengers and crew members tested positive for COVID-19 and some ships were turned away from ports. The industry has battled the U.S. Centers for Disease Control and Prevention over health requirements for…
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