Carnival posts $2.1bn quarterly loss, has liquidity to last 12 months
Management expect a net loss on a reported and adjusted basis for the third quarter of 2021 and the full year to end-November
Company
Carnival PLC
LON:CCL
Carnival Corporation & plc is a global cruise company and one of the largest vacation companies in the world.
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Carnival to resume sailings at eight cruise lines in July
P&O and Cunard will offer trips around the UK coast
Carnival cancels most US sailings in July due to Covid-19 uncertainty
"We continue to have constructive discussions with the CDC but still have many questions that remain unanswered"
Carnival time or cruising for a bruising?
Cruise ship operators looked to be holed below the waterline by the coronavirus pandemic but have recovered strongly. Have investors missed the boat?
Carnival is drowning in debt, says broker
Analysts at Shore Capital said the cruise ship operator's debts are set to double from pre-pandemic levels as the Coronavirus continues to ravage the industry
Carnival boosted by bookings but posts another heavy loss
Booking volumes are accelerating said the P&O owner
Travel shares sink as overseas holiday likely to be banned until August at least
New coronavirus laws include a £5,000 fine for anyone in England trying to travel abroad without good reason
Travel stocks remain in the red as UK mulls £5,000 fine for foreign holidays
The new rules would come into effect on March 29 and would apply to those leaving the country without a reasonable excuse
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FTSE 100 rides slow decline into the close as defensive stocks return to favour
The younger generation is off buying cryptocurrency or ramping small caps while the older crowd is buying utilities
EU proposes Digital Green Certificate as UK mulls COVID-19 vaccine passport system for international travel
“We are having conversations all the time about what the best steps should be,” said Business Secretary Kwasi Kwarteng
Carnival touts “very special” UK staycation cruises as Alaska voyages put on hold
The somewhat ironically named 'Ultimate Escape' cruises by P&O will offer a series of short breaks and week-long cruises around the UK this summer
Carnival cancels more Cunard cruises; looks for staycation cruises to pick up the slack
Cunard is offering cruises in UK coastal waters in the belief that people will be able to "make the very most of the summer sunshine".
Carnival to resume Italian cruises with Costa Crociere in March
The news comes weeks after the P&O Cruises arm delayed trips in New Zealand and Australia
Carnival further delays P&O cruises in New Zealand
Cruises had been scheduled to start sailing from Auckland from early February before being pushed back to early March, and are now on pause until at least April 25
Carnival’s P&O Cruises cancels all sailings until end of January
“We are continuing to monitor the overall situation closely and will certainly reintroduce cruises should the opportunity arise and it is feasible to do so,” P&O's boss said
Carnival posts another huge loss, operations set to resume in Germany
The company said it would raise money opportunistically and has set up a facility to raise US$1bn from share issues.
Carnival cancels more Princess cruises because of coronavirus border and port limits
Customers booked on these cancelled voyages are being offered either a refundable ‘bonus credit’ or can request a full refund
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FTSE 100 closes just a shade higher as the strong pound takes its toll
The UK benchmark of blue-chip shares closed up around eight points, 0.14%, at 6,045
Carnival’s P&O extends cruise cancellations until November
The cruise operator is also cancelling long-haul trips scheduled for January to March
Carnival cancels more trips as Italy’s approval still pending
Guests were given the opportunity to rebook to a different cruise with an on-board credit of 50% of the actual travel price