Carnival Eyes Return to Cuba After Biden Takes Charge

(Bloomberg) -- Carnival Corp. is prepared to restart cruises to Cuba when Joe Biden becomes president, potentially reviving voyages launched under the Obama administration and then stopped after a change to the rules in 2019.

“We’ll see what happens,” Chief Executive Officer Arnold Donald said Monday in a conference call with analysts. Provided that new rules allow for it, “we’ll be prepared to help people who really want to go to Cuba,” he said.

U.S. cruise travel to Cuba started in 2016 as part of Barack Obama’s rapprochement with the communist government. The Trump administration reversed course, saying it wanted to cut off revenue to the government.

After the cruise industry came to a halt in March because of the pandemic, Carnival and its rivals are seeing demand rebound. The company said earlier on Monday that bookings for the second half of this year are “within the historical range.”

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