Lindblad Expeditions cites coronavirus in second-quarter loss

Lindblad Expeditions Holdings Inc. reported a second-quarter loss of $39.7 million mostly tied to the coronavirus pandemic but said it has “substantial advanced bookings” for 2021. The loss compares to a $1 million profit the same period last year.

“These past five months have been really tough on so many fronts,” Sven-Olof Lindblad, CEO of the New York-based public company, said during Monday’s earnings call. “We have taken a financial hit and we have had to furlough our employees and reduce...

https://www.workboat.com/news/passenger-vessels/lindblad-expeditions-cites-coronavirus-in-reporting-second-quarter-loss/

Lindblad gives back stimulus money, hopes to sail again in third quarter

Lindblad Expeditions Holdings Inc. returned $6.6 million in federal aid as it chalked up a losing first quarter and held out hope for resuming some operations in the third quarter.

The key to cruising again is getting reliable and practical virus tests, “and we believe this will be possible in the near future,” Sven-Olof Lindblad, CEO of the New York-based public company, said discussing results Friday. They also have to convince passengers and crew that the vessels are safe. And they’ve made...

https://www.workboat.com/news/passenger-vessels/lindblad-gives-back-stimulus-money-hopes-to-sail-again-in-third-quarter/

River cruise operators have implemented coronavirus prevention measures

U.S.-flag cruise lines are beefing up screenings, adjusting cancellation policies and emphasizing the small size of their ships and close-to-land itineraries in the face of widespread publicity about coronavirus outbreaks on mass market, foreign-flag lines.

The existing challenges were compounded late Sunday by a State Department advisory that travelers with underlying health conditions should avoid cruising, since the Centers for Disease Control (CDC) “notes increased risk of infection of...

https://www.workboat.com/news/passenger-vessels/river-cruises-have-implemented-coronavirus-prevention-measures/

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