Royal Caribbean Group (NYSE: RCL) last week reported a first quarter 2022 net loss of $(1.2) billion and loss per share of $(4.58).
The Group continues to make strides in its healthy return to operations in a strong demand environment. Load factors continue to improve sequentially with total revenue per Passenger Cruise Day up versus record 2019 levels. Operating cash flow significantly improved throughout the first quarter and approached breakeven in March. Read the rest of this entry »