Receive our newsletter – data, insights and analysis delivered to you
  1. News
February 21, 2020

Norwegian Cruise Line cancels cruises to Asia due to Covid-19 epidemic

Norwegian Cruise Line has cancelled its Asian cruises for the third quarter of this year due to the coronavirus (Covid-19) epidemic.


Visit our Covid-19 microsite for the latest coronavirus news, analysis and updates


Follow the latest updates of the coronavirus (Covid-19) outbreak on our timeline.

Read about the effect of coronavirus (Covid-19) on cruise ships.


Norwegian Cruise Line has cancelled its Asian cruises for the third quarter of this year due to the coronavirus (Covid-19) epidemic.

This is expected to cut the company’s earnings by $0.75 per share in 2020.

The impact is attributed to the customer incentive compensation and the 40 cancelled and modified cruises across the three company brands.

The modifications include the redeployment of 21 cancelled voyages to Asia on Norwegian Spirit, which are now redirected to the Eastern Mediterranean.

Norwegian Cruise Line Holdings CEO and president Frank Del Rio said: “As a result of the strong global demand for cruises witnessed throughout 2019, we entered 2020 in the best-booked position and at prices higher than last year’s record levels.

“This trend continued through late January until the Covid-19 outbreak began having an adverse impact on our business.”

To protect the health of passengers and crew, Norwegian Cruise Line and Royal Caribbean barred passengers with passports from China, Hong Kong and Macau irrespective of their place of residency.

Del Rio added: “While the effect of these impacts cannot be fully quantified at this time, our company has an exemplary track record of demonstrating its resilience in challenging environments and we remain confident in our ability to deliver strong financial performance over the long term.”

Related Companies

Topics in this article:
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU