Carnival – parent to P&O Cruises, Princess Cruises, Cunard and Holland America Line (HAL) – said Covid-19 had, and was continuing to have, a materially adverse impact on its operations and thus finances.
This, it said in a trading update issued on Tuesday (31 March), was limiting its ability to source the cash necessary to meet shortfalls arising from its inability to operate due to the infection.
“The spread of novel coronavirus and the recent developments surrounding the global pandemic are having material negative impacts on all aspects of our business,” said the firm.
