Cruise operator Carnival posts $2 billion adjusted quarterly loss

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As the company’s cruises return to service, Carnival (NYSE:CUK) said it expects to continue incurring high restart-related costs.

The company said booking volumes for future cruises during the third quarter were not as robust as the second quarter, due to heightened uncertainty around the Delta variant of the coronavirus.

Carnival, however, said voyages for the third quarter were cash flow positive and expects this to continue.