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Montevideo, March 26th 2023 - 12:51 UTC

Tag: Frank Del Rio

  • Monday, August 15th 2016 - 12:36 UTC

    Norwegian cruise line admits weak Caribbean summer season; South American itineraries “soft”

    “Today is not a happy day at Norwegian headquarters for obvious reasons. We had to reset expectations based on the current booking environment”', said Del Rio

    Norwegian Cruise Line Holdings CEO Frank Del Rio said the company’s “lofty” expectations for the Caribbean this summer have not been met, one factor in revising expectations downward for the rest of the year. In a conference call to discuss second-quarter results this week, Norwegian lowered its guidance for second-half earnings and said it will not make its previously forecast goal of earning US$5 a share in 2017.