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Norwegian Cruise cancels Asia trips, warns hit to 2020 profit from coronavirus via SABCNewsOnline

Norwegian Cruise Chief Executive Officer Frank Del Rio says strong demand for cruises continued through late January until the coronavirus outbreak began.on Thursday forecast an impact of 75 cents per share to full-year adjusted earnings, citing cancellations and modification of 40 voyages in Asia and refunds to customers due to the coronavirus outbreak in China.

The Miami, Florida-based company’s announcement comes after both Royal Caribbean Cruises and Carnival said cruise cancellations would affect their 2020 earnings. The company said its financial performance could be materially impacted if travel restrictions and virus concerns continue for an extended period of time.

 

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