Norwegian Cruise Line Slashes Profit Outlook as Fuel Costs Mount


Skift Take

Norwegian posted some very encouraging numbers during this first quarter but the rest of 2026 could be challenging.

Norwegian Cruise Line's turnaround hit a wall as Iran war-driven fuel costs forced the company to cut its adjusted earnings guidance to a range of $1.45 to $1.79 per share, down from its prior forecast of $2.38.

The cruise line's full-year net yield, a measure of daily revenue per passenger, is expected to decline 3% to 5%, a reversal from its previous projection of a 0.4% gain.

Norwegian joins rivals Carnival and Royal Caribbean, which recently cut their p