Carnival will not sail through Red Sea for rest of 2024, early next year, CFO says

Granth Vanaik and Doyinsola Oladipo
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By Granth Vanaik and Doyinsola Oladipo

March 27 (Reuters) - Carnival Corp, said on Wednesday it will probably not be sailing through the Red Sea region, a key transit route connecting Asia and Europe, for the rest of this year and early next year given the continuation in hostilities.

"We decided that it was time to recognize the fact that we probably won't be sailing there, and perhaps for the rest of this year and perhaps early in 2025 as well," CFO David Bernstein told Reuters in an interview.

(Reporting by Granth Vanaik in Bengaluru and Doyinsola Oladipo in New York; Editing by Devika Syamnath)

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