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Carnival Corp ‘accelerating’ towards profit as bookings near 2019 levels

Cruise
Will Payne
22 December 2022

Carnival Corporation says it is "accelerating" towards a return to "strong profitability" as the firm’s 2023 booking volumes near pre-pandemic levels.

Josh Weinstein, chief executive of Carnival Corporation

The positive message comes from the organisation’s chief executive Josh Weinstein, who – despite the company posting a net loss of $1.1 billion for the fourth quarter (three months to 30 November) – remained optimistic about the group’s recovery from the pandemic.

"We believe we are accelerating our return to strong profitability through our fleet and brand portfolio management, which is delivering prudent capacity growth," said Weinstein. "This leaves us well positioned to drive revenue growth across our global brand portfolio as we continue to leverage our scale on our industry leading cost base."