• Royal Caribbean reports $1.1 billion loss for first quarter of 2021

    11 days ago - By Travel and Tourworld

    Royal Caribbean has reported a $1.1 billion adjusted net loss for the first quarter of 2021, as compared to a loss of $310 million a year ago. The cruise giant said first quarter average monthly cash burn was approximately $300 million. Officials confirmed that this was slightly higher than the previously announced range, driven mainly by fleetwide restart expenses and timing. Revenues for the first three months were $42 million.
    With Chief Executive Richard Fain revealing recent talks with the Centres for Disease Control & Prevention , it gave the company a hope it could operate an Alaska...
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  • Hawaii reports an increase in arrivals for the first time in a year

    Hawaii reports an increase in arrivals for the first time in a year

    11 days ago - By Travel and Tourworld

    According to preliminary statistics released by the Hawaii Tourism Authority , visitor arrivals to Hawaii during March 2021 rose 1.1 percent compared to a year ago. This was the first time in a year where visitor arrivals were up, but the year-to-date arrivals were still significantly down. On average, there were currently 137,440 visitors in Hawaii on any given day last month in March. Most visitors have been able to undergo a mandatory 10-day self-quarantine by providing a valid negative COVID-19 test result from a Trusted Testing Partner. Most of the visitors were from the U.S. while...
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  • Airbus reports beginning of recovery in the first quarter

    Airbus reports beginning of recovery in the first quarter

    11 days ago - By Travel and Tourworld

    Airbus has reported consolidated net income of €362 million for the first quarter of 2021, as compared to a net loss of €481 million for the same period last year. Consolidated reported earnings per share stood at €0.46 for the first quarter that is up from a loss of €0.61 per share last year. Airbus received orders for a total of 39 commercial planes over the first three months of the year, dramatically down from the 356 recorded in the first quarter last year.
    All but one of the new orders was for single-aisle aircraft. However, the manufacturer still has an order backlog comprising...
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