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Carnival Reports $4.4 Billion Loss, Can’t Predict Resumption

The Carnival Panorama cruise ship.

The Carnival Panorama cruise ship.

Photographer: MediaNews Group/Long Beach Press
Updated on

Cruise titan Carnival Corp. reported a second-quarter loss of $4.4 billion, including $2 billion in impairment charges, and warned that it can’t predict when it will be able to resume operations given the lingering coronavirus shutdown.