BREXIT

Headlines are hitting bottom lines

Norwegian Cruise Lines blamed “successive geopolitical events” for cutting its profit forecast
Norwegian Cruise Lines blamed “successive geopolitical events” for cutting its profit forecast
ANDREAS SOLARO/GETTY IMAGES

The recent terrorist attacks in Europe together with the zika virus and Brexit are causing a sharp drop-off in demand from North Americans for Mediterranean cruises, a Miami-based operator has warned.

Norwegian Cruise Lines blamed “successive geopolitical events” for cutting its profit forecast and abandoning its financial targets for 2017.

Frank Del Rio, chief executive and president, said that a weak pound also hurt.

“This pattern of fits and starts, where bookings would begin to gain some traction only to be quickly stalled by the occurrence of another headline event, has been characteristic of the overall operating environment in the past several months,” he said.