"Carnival Corp. Alters Cruise Routes Amid Red Sea Tensions"
TL;DR Summary
Carnival Corporation is rerouting 12 cruise ships across seven brands away from the Red Sea through May 2024, with an expected adjusted earnings per share impact of $0.07 to $0.08 for full year 2024, primarily in the second quarter. Despite this change, the company has not observed any impact on booking trends and does not have any other Red Sea transits scheduled until November 2024.
Topics:business#carnival-corporation#cruise-industry#earnings-impact#itinerary-changes#red-sea#travel
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