Carnival: Strong Profitability Expected In 2024

icholakov/iStock Editorial via Getty Images At the onset of the Covid-19 pandemic, cruise line equities suffered immensely as these companies were forced to take on loads of debt to remain afloat. One of these equities is Carnival Corporation & plc (NYSE:CCL) which is still down more than 60% since Covid lockdowns forced cruises to stop. That said, the pandemic woes are now a thing of the past as the cruise line industry is on track to have its busiest year ever in 2024. Considering Carnival’s leading m ...