LINDBLAD Expeditions’ total revenue of USD$90.9 million increased USD$75.6 million versus last year, and USD$14.3 million compared with the second quarter of 2019, the cruise line reported. Announcing its second quarter financial results, Lindblad revealed strong reservations for future travel, with bookings for next year 26% ahead of 2020 bookings...
LINDBLAD Expeditions’ total revenue of USD$90.9 million increased USD$75.6 million versus last year, and USD$14.3 million compared with the second quarter of 2019, the cruise line reported.
Announcing its second quarter financial results, Lindblad revealed strong reservations for future travel, with bookings for next year 26% ahead of 2020 bookings at the same point in 2019.
The cruise line also further increased its financial flexibility through the extension of leverage covenant waivers on export credit agreements through the end of the year.
Lindblad’s fleet of 10 owned-and-operated ships are once again in operation, which CEO Dolf Berle said the cruise line is “very excited about”.
He said the nature of the remote locations Lindblad explores has allowed the quick ramp-up of operations.
