Carnival Corporation to Begin Cruises in Phases

Carnival Cruise iconic Funnel. Carnival Corp said on Friday it was planning to resume operations in a phased manner and would operate with a smaller fleet on its return, months after suspending trips due to the COVID-19 pandemic. The company’s shares, that have lost more than two-thirds of their value this year, rose as muchContinue reading “Carnival Corporation to Begin Cruises in Phases”

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Carnival Corp. CEO: Demand should be ‘more than adequate’ at the restart

Carnival Corp. expects demand to be “more than adequate to fill ships in a staggered restart,” said CEO Arnold Donald during a business update call with analysts. Donald said he was not concerned about achieving this without substantial bookings from the new-to-cruise market, because two-thirds of its global guests, 8 million each year, are repeatContinue reading “Carnival Corp. CEO: Demand should be ‘more than adequate’ at the restart”

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August cruise resumption played down by Carnival Corporation chief

Hopes of an August 1 restart of Carnival Cruise Line sailings have been played down by the boss of the company’s parent company. Carnival Corporation president and chief executive Arnold Donald described the fallout from Covid-19 as “devastating”. Ships would only sail when “it will be no greater risk, or even lower risk, than otherContinue reading “August cruise resumption played down by Carnival Corporation chief”

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