Norwegian Cruise Line is still experiencing major quarterly losses as a result of the pandemic like the rest of the industry, but those unprecedented deficits are at least getting smaller.
The Frank Del Rio-led owner of 28 ships under three brands posted a $509m loss for the second quarter of 2022, compared to a $718m loss a year earlier.
On an adjusted basis, the New York-listed cruise major reported a $478m loss for the quarter versus being $715m in the red during the first quarter of 2021.
