//Royal Caribbean reports $1.4 billion in losses, aims for August return

Royal Caribbean reports $1.4 billion in losses, aims for August return

Related video above: Travel agent says Central Florida cruise line inquiries picking upRoyal Caribbean revealed on Wednesday that it lost more than $1 billion and has canceled additional cruises due to the coronavirus pandemic. Royal Caribbean Cruises Ltd. on Wednesday reported a loss of $1.4 billion, or $6.91 per share, during the first quarter of 2020. The company earned nearly $250 million over the same