Major cruise operators are facing big quarterly losses and today announced that they're extending their suspension of voyages out of U.S. ports until September by skleb1234
Major cruise lines like Carnival, Norwegian Cruise Line and Royal Caribbean Cruises have voluntarily extended their suspension of voyages out of U.S. ports from July 24 until September 15, the Cruise Lines International AssociationAmid the shutdowns caused by the coronavirus pandemic, shares in the three major cruise operators have plunged between 55% and 70% so far this year.in the second quarter. Revenue fell 85% to $700 million from the same period a year earlier.
The dismal financial results are yet another example of how badly the coronavirus pandemic has impacted the cruise industry, with fleets of all the major cruise operators under a no-sail order from the Centers for Disease Control and Prevention since mid-March. Cruise stocks all plunged on Wednesday, for instance, after Norwegian Cruise Line first extended its suspension of voyages by two months,But all the big cruise companies remain hopeful that customers will return in droves once lockdowns are lifted:
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