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Royal Caribbean reports $1.1 billion quarterly loss

April 29 (Reuters) - Royal Caribbean Group reported an adjusted loss of $1.1 billion for the first quarter on Thursday, as a U.S. ban on cruises and limited sailings outside due to the COVID-19 pandemic hammered the company’s business.

The company posted an adjusted loss of $310.4 million a year earlier.

Reporting by Uday Sampath in Bengaluru; Editing by Shinjini Ganguli

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