Stuck in Port, Royal Caribbean Posts $1 Billion Quarterly Loss

Royal Caribbean Group reported a billion-dollar net loss for the fourth straight quarter on Monday, as the cruise operator continued to be affected by a coronavirus-triggered halt to voyages.Cruise operators have been shoring up cash reserves by issuing new shares…

Stuck in Port, Royal Caribbean Posts $1 Billion Quarterly Loss
Royal Caribbean Group reported a billion-dollar net loss for the fourth straight quarter on Monday, as the cruise operator continued to be affected by a coronavirus-triggered halt to voyages.Cruise operators have been shoring up cash reserves by issuing new shares…