Norwegian Cruise Line Q2 2021 Earnings Report
Key Takeaways
Norwegian Cruise Line Holdings reported financial results for Q2 2021. Voyages were suspended for the entire quarter, but the company commenced its relaunch with Norwegian Jade sailing the Greek Isles and Norwegian Encore setting sail to Alaska from Seattle. Bookings continue to be strong for future periods, and 2022 booking and pricing trends are positive.
Great Cruise Comeback Commenced with Norwegian Jade Cruising in the Greek Isles
Norwegian Encore to Set Sail to Alaska from Seattle as Company’s First Cruise in the United States Since the Global Voyage Suspension in March 2020
Strong Pent-Up Demand Continues Across All Three Brands
The Company expects to have approximately 40% of its fleet capacity operating by the end of the third quarter 2021 and approximately 75% by year-end 2021 with the full fleet expected to be back in operation by April 1, 2022.
Norwegian Cruise Line
Norwegian Cruise Line
Forward Guidance
The Company will report a net loss for the third quarter ending September 30, 2021 and expects to report a net loss until the Company is able to resume regular voyages.