Royal Caribbean Group has posted its seventh straight quarterly loss as a result of the pandemic, but it expects to turn a full-year profit for 2022.

The Richard Fain-led owner of 61 cruiseships on Friday reported a $1.4bn net loss for the third quarter versus a $1.3bn net deficit for the same period last year.

On an adjusted basis, New York-listed Royal Caribbean put up a $1.2bn