ThecruiseshipoperatoronThursdayposted a billiondollarnetlossforthethirdstraightquarteranditexpectstolosemoremoneythisquarterasitanticipatesburningthroughupto $290 millionincasheverymonth.
Thecruiseindustryas a wholehasprettymuchcometo a standstillafterCovein 19 outbreaksonseveralshipshaltedvoyagesthisspring, andsomeoperatorsarenowfacingpassengerlawsuitsinordertoconvincecustomerstobook a cruiseagain.
RoyalCaribbeanhasjointlyspearheadedanindustryefforttoputnewpracticesinplace, includingtesting, useoffacecoveringsandenhancedsanitationproceduresthathasyettoconvincethe U.