'With the social distancing, if we could operate with 50% of our capacity, we would start making a little bit of profit,' Cirque du Soleil CEO Daniel Lamarre told CNBC.
, said the return of the company's shows in Orlando will also benefit from a locally based cast and crew.
Cirque du Soleil and the live entertainment industry writ large have faced severe consequences from the Covid-19 crisis, with the virus outbreak leading to the cancellation of shows. On Monday, New York City's Broadway League announced that it hasLamarre said it will likely take the Montreal-based Cirque "a good two years" to return to pre-pandemic levels of profitability.
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