Independent journal on economy and transport policy
18:27 GMT+1
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The pandemic sharply curbs the positive trend of Royal Caribbean Cruises results
In the first quarter, the cruise group reported a net loss of USD 1.44 billion
May 20, 2020
In the first three months of 2020, the fleet ships RCL hosted 1.24 million passengers, a drop in -19.1% determined by the US suspend the activities of its cruise companies Royal Caribbean International, Celebrity Cruises, Silversea and TUI Cruises with effect since mid-March due to inability to continue operations for mobility restrictions imposed worldwide containing the virus, a period of suspension that is still in Course.
Royal Caribbean Cruises has estimated at 250-275 million dollars about the available liquidity burned daily in the prolonged period of suspension of activity. The group recalled that in order to cope with this situation, they are already significant actions have been taken to increase liquidity and to secure additional funding to which measures are added to keep spending down.
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In the first three months of 2020, the fleet ships RCL hosted 1.24 million passengers, a drop in -19.1% determined by the US suspend the activities of its cruise companies Royal Caribbean International, Celebrity Cruises, Silversea and TUI Cruises with effect since mid-March due to inability to continue operations for mobility restrictions imposed worldwide containing the virus, a period of suspension that is still in Course.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
