"Carnival's Red Sea Reroutes Impact 2024 Bookings and Earnings"
TL;DR Summary
Carnival announced the rerouting of 12 cruise ships scheduled to transit the Red Sea due to rising tensions in the Middle East, following repeated attacks on vessels by Iranian-backed Houthi Rebels. The company expects the rerouting to impact its adjusted earnings per share by 7 to 8 cents in 2024 and is the latest in a series of disruptions in the region, with Royal Caribbean and MSC Cruises also canceling trips.
- Carnival reroutes cruises as Red Sea tensions rise CNBC
- Carnival reports record bookings for first half of 2024, stock rises MarketWatch
- How tensions in the Red Sea are disrupting cruise voyages CNN
- Red Sea Changes: Carnival Corp. Rerouting 12 Cruise Ships Cruise Industry News
- Carnival warns of hit to 2024 earnings after rerouting of Red Sea itineraries Reuters
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