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Norwegian Cruise Line Holdings reports $2.2 billion loss for 2020

1 month ago   |   By

Norwegian Cruise Line Holdings has recently reported an adjusted net loss of $2.2 billion for financial 2020 after nearly a year out of the water as compared to an adjusted profit of $1.1 billion for 2019. The group which owns Norwegian Cruise Lines, Oceania Cruises and Regent Seven Seas Cruises halted all sailings in March last year during the peak of the COVID-19 pandemic s and has yet to return to operation.
Revenue at the cruise giant decreased 80 per cent to $1.3 billion over the course of last year. The adverse impact on revenue was due to the cancellation of the vast majority of...
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