In its 2022 second quarter update released on Friday (24 June), the cruise giant posted a net loss of $1.8 billion, although operations remained “cash positive” for the period and Carnival ended the quarter with $7.5 billion of liquidity, including cash, short-term investments and borrowings.
The company’s revenue increased by nearly 50% during its second quarter, compared to early 2022, while revenue per passenger cruise day decreased slightly compared to 2019.
Occupancy in the second quarter of 2022 grew to 69%, an increase from 54% in the quarter prior.
