Carnival is selling 6 cruise ships after a $4.4 billion loss, a sign of the industry's bleak future in the coronavirus pandemic

Princess Cruises

• Carnival Cruises, which includes brands such as P&O, Princess Cruises and Cunard, is to sell 6 ships amid a downturn caused by the coronavirus crisis.
• The industry has been hammered by COVID-19 after multiple outbreaks occurred at sea, and ports around the world closed to cruise ships. 
• Carnival said it lost $4.4 billion in the past three months, and doesn't know when it can resume normal operations.
• Visit Business Insider's homepage for more stories.

Carnival is planning to sell 6 of its cruise ships after reporting a loss of $4.4 billion in the second quarter of 2020, as the coronavirus crisis continues to hammer the cruise industry.

The company, which includes major cruise lines such as Cunard, P&O and Princess Cruises, reported on Thursday that it was "accelerating" planned sales of the ships.

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