Carnival

Carnival Cruise Line Extends Operational Pause Through September 30

MIAMI, June 22, 2020 /PRNewswire/ — Carnival Cruise Line currently advised visitors and vacation brokers that it has prolonged its operational pause in North The us as a result of Sept. thirty, 2020.

“In the course of this unparalleled pause in our company, we have continued to evaluate the functioning ecosystem and confer with general public overall health, authorities and industry officials,” Carnival Cruise Line President Christine Duffy informed booked visitors and vacation brokers in a letter despatched currently.  But she added that next the cruise industry’s announcement on Friday that it would voluntarily increase its pause in

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Seabourn Names Carnival Corp. Exec Josh Leibowitz as President

Seabourn announced Thursday that Josh Leibowitz has been named president, productive quickly. Reporting to Stein Kruse, Group CEO of Holland The usa Group and Carnival British isles, Leibowitz’s tasks will include oversight of all areas of the extremely-luxurious brand’s functions, like earnings management, deployment and itinerary setting up, lodge functions, and profits and advertising and marketing. 

The appointment follows the retirement of Rick Meadows as Seabourn’s president, who experienced put in 35 many years with Carnival Company. He held the place due to the fact 2011.

“We are energized to welcome Josh into this new job on our senior leadership

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Carnival Corporation & plc Reports Summary Second Quarter Results and Other Matters

MIAMI, June 18, 2020 /PRNewswire/ — Carnival Corporation & plc (the “company”) disclosed summary preliminary financial information for the quarter ended May 31, 2020.

SECOND QUARTER 2020 SUMMARY PRELIMINARY INFORMATION

  • U.S. GAAP net loss of $(4.4) billion, or $(6.07) diluted EPS, for the second quarter of 2020, which includes $2.0 billion of non-cash impairment charges.
  • Second quarter 2020 adjusted net loss of $(2.4) billion, or $(3.30) adjusted EPS.
  • Total revenues for the second quarter of 2020 were $0.7 billion, lower than $4.8 billion in the prior year.
  • The company’s guest cruise operations have been in a
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Carnival Corporation & plc Names Josh Weinstein as Chief Operations Officer

MIAMI, June 19, 2020 /PRNewswire/ — Carnival Company & plc (NYSE/LSE: CCL NYSE: CUK) now declared that Josh Weinstein has been named main functions officer, productive instantly.

Reporting to Carnival Company President and CEO Arnold Donald, Weinstein’s responsibilities will consist of oversight of significant operational functions, which include global maritime, global ports and places, global sourcing, global IT and global auditing.

In addition, Weinstein will retain oversight of Carnival British isles, the functioning business for P&O Cruises and Cunard, which he managed specifically for the previous a few a long time. Simon Palethorpe, currently president of

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Carnival Corp. Posts $4.4 Billion 2Q Loss, Growing 2021 Bookings

Revealing the serious financial effects of the pandemic, Carnival Corporation, the world’s major cruise corporation, documented a web decline of $4.4 billion U.S. GAAP web decline for the 2nd quarter finished May perhaps 31, 2020, or a decline of $6.07 diluted earnings for every share. Second quarter 2020 adjusted web decline was $2.4 billion or a web decline of $3.30 adjusted earnings for every share. The “pause” in visitor-cruise functions for most of the 2nd quarter was also mirrored in full 2nd quarter income of $700 million, down from $4.8 billion in exact quarter a year back. 

But there

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