Lindblad Expeditions Holdings said it lost $4.5 million in
the second quarter, compared with net income of $8.8 million a year earlier.
Revenue was $53.8 million, up from $49.5 million.
The company cited fewer operating days this year as a result
of an increase in planned drydocks as a primary reason for the loss.
In addition, Lindblad said that it has a $5.3 million
reduction in projected ticket revenue for 2016, compared to the same point of
2015. It said it faced effects “in specific geographies” relating to concerns
over the Zika virus and a slowdown in activity on the National Geographic
Endeavour.
Lindblad traced the slowdown to passengers waiting for the
introduction of Lindblad’s new Galapagos vessel, Endeavour II, which will
replace National Geographic Endeavour in the fourth quarter.