Carnival Corporation improved its first quarter bottom line by nearly $500 million against the same three-month period in 2023 as booking volumes hit record levels.
Josh Weinstein said 'everybody on both sides of the Atlantic' were moving in 'a positive way' (Credit: Carnival Corporation)
The cruise giant – which operates nine brands including P&O Cruises, Cunard and Princess Cruises – reported a net loss of $214 million despite record revenues of $5.4 billion.
During the same period last year, the company made a loss of $686 million.
The company’s booked position for the remainder of the year continues to be the best on record, with both pricing and occupancy “considerably” higher than 2023.
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