Third-quarter revenue was negative $33.7 million, a rare event for an S&P 500 company, as it reversed previously recorded income from refunds and cancellations. “It’s been almost 7 months since we paused our cruise operations, and every single day has been extremely frustrating and challenging on so many levels,” Chief Executive Officer Richard Fain told analysts. To resume operation and stem the losses, the company and its peer Norwegian Cruise Line have submitted their recommendations, detailing health protocols, to the U.S. Centers for Disease Control and Prevention. …read more
Source:: Yahoo Finance
