Carnival – Full Steam Ahead But A Long Course To Charter

Carnival

Carnival plc (LON:CCL)’s business update revealed revenues of $4.4bn for the first quarter of 2023. That’s back to 95% of pre-pandemic levels. Underlying net losses of $690m were better than the December guidance range of $740m to $850m. The better-than-expected outcome, was driven by increased pricing, growth in onboard sales and higher than expected occupancy. […]