Carnival is planning to sell 6 of its cruise ships after reporting a loss of $4.4 billion in the second quarter of 2020, as the coronavirus crisis continues to hammer the cruise industry.
It reported a massive drop its its revenues in the three-month period to May 31, taking in $700 million, a fraction of its $4.8 billion revenues for the same period in 2019, The Guardian reported.
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Carnival to sell 6 cruise ships after $4.4bn loss in coronavirus slump - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Wow To who? damn
Source: BusinessInsider - 🏆 729. / 51 Read more »
Carnival loses $4.4 billion as coronavirus slams cruise industryThe cruise industry has ground to a halt during the coronavirus outbreak, so investors were already concerned about Carnival's latest earnings. But the figures were even worse than expected. So bad Is there any branch that is not affected by the virus? Few things are more wasteful and unnecessary than the cruise ship industry. Shut it down and convert the ships into mobile hospitals and artificial reefs.
Source: CNN - 🏆 4. / 95 Read more »
Carnival to sell 6 cruise ships after $4.4bn loss in coronavirus slump - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Wow To who? damn
Source: BusinessInsider - 🏆 729. / 51 Read more »
Carnival loses $4.4 billion as coronavirus slams cruise industryThe cruise industry has ground to a halt during the coronavirus outbreak, so investors were already concerned about Carnival's latest earnings. But the figures were even worse than expected. So bad Is there any branch that is not affected by the virus? Few things are more wasteful and unnecessary than the cruise ship industry. Shut it down and convert the ships into mobile hospitals and artificial reefs.
Source: CNN - 🏆 4. / 95 Read more »