Carnival Corp. (CCL)

Index:

S&P 500

$ 24.02
   
  • Change Today:
    $0.19
  • 52 Week High: $28.49
  • 52 Week Low: $14.01
  • Currency: US Dollars
  • Shares Issued: 1,180.00m
  • Volume: 23,993,027
  • Market Cap: $28,344m
  • RiskGrade: 332
  • Beta: 1.78

Carnival's AIDA suspends North America cruises for 2020

By Sean Farrell

Date: Friday 05 Jun 2020

LONDON (ShareCast) - (Sharecast News) - Carnival's AIDA Cruises business has suspended all voyages with ports in the US and Canada for 2020 because of restrictions in those countries.
The German cruise line said travel in Europe was slowly restarting and it was getting ready to resume cruises as tourism picks up but that conditions were not in place for a return to North America. In Canada cruise calls are barred until the end of October and the US has blocked entry to Europeans until further notice.

"AIDA Cruises wants to give guests the necessary planning security for their vacation," the company said. "Therefore, AIDA Cruises unfortunately has to suspend all its cruises with ports in the USA and Canada this year."

AIDA is the latest of Carnival's brands to extend shutdown measures because of continuing restrictions. Princess scrapped summer voyages on Thursday following P&O Cruises' cancellation of all cruises until mid-October.

Carnival shelved all cruise holidays after governments imposed strict restrictions on travel and interaction between individuals to stem the spread of Covid-19. The virus has raised fears for the future of the cruise industry because many cruisers are in their 70s and are vulnerable to Covid-19.

AIDA said it would refund passengers fully and pay a 10% bonus if they wanted their money back. Alternatively they can take a credit towards a future cruise with a 10% bonus.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Carnival Corp. Market Data

Currency US Dollars
Share Price $ 24.02
Change Today $ 0.19
% Change 0.80 %
52 Week High $28.49
52 Week Low $14.01
Volume 23,993,027
Shares Issued 1,180.00m
Market Cap $28,344m
Beta 1.78
RiskGrade 332

What The Brokers Say

Strong Buy 9
Buy 10
Neutral 7
Sell 0
Strong Sell 0
Total 26
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Trades for 05-Jun-2025

Time Volume / Share Price
16:00 1,615,459 @ $24.02
15:59 148 @ $24.04
15:59 100 @ $24.03
15:59 100 @ $24.04
15:59 207 @ $24.03

Carnival Corp. Key Personnel

Chair Micky Arison

Top of Page