Sunday, May 24, 2026

Norwegian Cruise Line reports net loss for the second quarter


Norwegian Cruise Line (NCLH) The net loss per share for the second quarter results announced on Friday was $1.94, as it was preparing to launch its first US cruise in more than a year.

Despite a net loss of US$717.8 million, U.S. Cruise Line remains optimistic as it continues to see “Unbelievable Power” In its booking trend.

The cruise operator said it plans to put 40% of its fleet capacity into operation by the end of the third quarter and will reach 75% by the end of the year. The company plans to resume full production before April 1, 2022, CNBC report.

Frank Del Rio, President and CEO of Norwegian Cruise Line Holdings, said in a press release: “We are ready and eager to welcome guests back on board.” “Our team is tirelessly implementing our plan, let us The entire fleet of aircraft resumes operations… to take advantage of this unparalleled pent-up demand.”

According to their quarterly report, the company’s pre-sale ticket sales amounted to 1.4 billion U.S. dollars, of which approximately 800 million U.S. dollars came from future cruise points.

Overall, the company’s reported revenue fell from $16.9 million in 2020 to $4.4 million because their voyage was suspended throughout the quarter due to the COVID-19 pandemic.

On Saturday, the Norwegian Encore will sail from Seattle to Alaska. This voyage marked the company’s first voyage in the United States in more than 500 days.

The company’s health procedures require all guests and staff to be fully vaccinated. They also need to complete a COVID-19 test before boarding the ship.

In its 2021 outlook, the company stated that it expects to report a net loss before it can resume normal navigation.

As of 12:54 pm EST on Friday, Norwegian Cruise Line’s share price was $24.70, up 2.15%.




Photo: Norwegian Cruise Line





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