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Carnival Loses $1.9 Billion, But Says 2022 Demand Is High

CDC's 'No Sail Order' For Cruise Ships Extended By 100 More Days
Photographer: Tim Rue/Bloomberg

Carnival Corp. posted an adjusted fourth-quarter net loss of $1.9 billion, but the world’s largest cruise operator also said that demand is surging for 2022.

The deficit exceeded the $1.57 billion loss projected by analysts and comes as most cruise operations around the world remain suspended due to the Covid-19 pandemic.