Welcome to our dedicated page for Norwegian Cruise Line Hldg news (Ticker: NCLH), a resource for investors and traders seeking the latest updates and insights on Norwegian Cruise Line Hldg stock.
Norwegian Cruise Line Holdings Ltd (NYSE: NCLH), a global leader in cruise travel across its Norwegian, Oceania, and Regent Seven Seas brands, provides investors and industry observers with timely operational and financial updates through this dedicated news hub. Access all official announcements, including earnings reports, fleet modernization initiatives, and strategic partnerships, consolidated for efficient tracking of corporate developments.
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Norwegian Cruise Line Holdings reported its Q2 2021 results, revealing a GAAP net loss of $(717.8) million, or EPS of $(1.94), marginally worse than $(715.2) million from Q2 2020. Revenue dropped to $4.4 million from $16.9 million last year. However, the company is witnessing strong pent-up demand, with bookings for 2022 significantly ahead of pre-pandemic levels. The phased return of its fleet to operations is set to reach 40% capacity by Q3 2021 and 75% by year-end. The ongoing cash burn is $200 million monthly, increasing to $285 million in Q3, while total debt stands at $12.3 billion.
Norwegian Cruise Line will host the Great Cruise Comeback Press Panel on August 6, 2021, at 1 p.m. ET to mark the debut of its newest ship, Norwegian Encore, in Seattle.
The event will feature a moderated Q&A with executives and will be live-streamed at www.greatcruisecomeback.com. Norwegian Encore begins her inaugural season of Alaska voyages on August 7, 2021, following the company's restart of cruise operations on July 25, 2021.
Norwegian Cruise Line Holdings announced the promotion of Jessica John to Vice President of Investor Relations, Corporate Communications, and ESG, effective September 1, 2021. Andrea DeMarco has been appointed Chief Sales and Marketing Officer for Regent Seven Seas Cruises. Frank Del Rio, CEO, notes their extensive experience in driving company growth, particularly during the COVID-19 pandemic. John has significantly contributed to the firm’s ESG strategy and crisis response. The company operates three cruise brands and has a fleet of 28 ships, with an additional nine ships scheduled for delivery by 2027.
Norwegian Cruise Line celebrated a significant milestone with the launch of Norwegian Jade, the first ship of its fleet to set sail after a 500-day suspension. This historic journey commenced in Athens and will run through November 2021, featuring immersive itineraries across Greece. Demand has surged, resulting in sold-out voyages. NCL plans to enhance its presence in Europe, deploying nine ships in the region through 2023. Strict health protocols are in place, requiring full vaccination for guests and crew until October 31, 2021.
Norwegian Cruise Line Holdings Ltd. (NCLH) announced the relaunch of its fleet with the Norwegian Jade setting sail from Athens on July 26, 2021. This voyage is notable as it features a fully vaccinated crew and guests, adhering to the company's SailSAFE™ health and safety protocols, including COVID-19 testing prior to boarding. The company plans to resume operations for all 28 ships by April 2022, responding to increasing demand for cruise vacations. The first U.S. cruise departs on August 7, 2021, from Seattle, marking a significant milestone in the cruise industry.
Norwegian Cruise Line Holdings (NYSE: NCLH) announced it will report its second quarter 2021 financial results on August 6, 2021, at 7:00 a.m. ET. A conference call to discuss these results is scheduled for 10:00 a.m. ET on the same day, which will be webcast live on the company's Investor Relations website. Norwegian Cruise Line operates a fleet of 28 ships, providing itineraries to over 490 destinations, and has plans for nine additional ships by 2027, adding around 24,000 berths.
Oceania Cruises has announced 16 new Europe and Tahiti voyages for early 2022 on the recently refurbished Nautica and Regatta ships, marking the completion of a $100+ million overhaul. Nautica will commence its voyages from April 1, 2022, offering itineraries that highlight iconic destinations such as the French Riviera and the Greek Isles. Regatta will feature new 10-day Tahiti cruises starting in February 2022. Reservations will open on July 28, 2021, responding to heightened demand for travel in 2022.
Norwegian Cruise Line (NCL) announced that the third episode of its docuseries "EMBARK – The Series" will stream live on July 29, 2021, at 8 p.m. ET. This episode highlights preparations for NCL's cruise comeback, showcasing contactless technologies for enhanced health and safety protocols. It also features a preview of the new cruise terminal at Port Miami and visits from executives discussing upcoming renovations. NCL will begin voyages in Europe on July 25, 2021, and in the U.S. on August 7, 2021, with strict health protocols in place.
On July 15, 2021, Oceania Cruises unveiled the designs of various staterooms and suites aboard its upcoming ship, Vista, scheduled to debut in early 2023. The new ship promises luxurious, residential-style accommodations with features such as oversized bathrooms and private verandas. A standout offering is the Concierge Level Veranda Staterooms for solo travelers. The ship will also feature Penthouse, Oceania, and Vista Suites, all designed for comfort and elegance. Inaugural itineraries will be available for viewing on September 9, 2021, with sales starting the following week.
Norwegian Cruise Line announced the winners of its "Norwegian's Giving Joy" contest, recognizing 100 exceptional educators from North America. Each winner receives a seven-night cruise for two, with the top three winners eligible for school donations of up to $25,000. The awards will be revealed during a live-streamed ceremony on August 19, 2021, at 8:00 p.m. ET. The initiative highlights the dedication of teachers, especially during challenging times, with performances from "The Choir of Man" featured in the ceremony.
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