Cruise line, Royal Caribbean, has suffered its fifth straight quarter of losses since the pandemic started.
Royal Caribbean has continued to lose billions of dollars as a result of the pandemic which has effectively shut down the cruise industry since last March.
The company posted an adjusted first-quarter loss of $1.1bn, but chief executive, Richard Fain, remains optimistic following the release of new guidelines by Washington that will allow a cautious resumption of sailings from mid-July.
“We have had very constructive dialogues with the Centers for Disease Control and Prevention [CDC] in recent weeks about resuming cruising in the US in a safe and healthy manner,” he said in a statement.
“Last night, the CDC notified us of some clarifications and amplifications of their conditional sail order which addressed uncertainties and concerns we had raised.”
The company said about 75% of bookings made for 2021 are new and the rest are due to passengers redeeming future cruise credits.