27 February 2026
Lindblad Cuts 100-Plus Non-Revenue Days to Unlock Capacity
Lindblad Expeditions is generating capacity growth in 2026 almost entirely through a reduction of non-revenue days, an initiative that CEO Natalya Leahy said is now delivering tangible results.
Speaking on the company’s fourth quarter and full year 2025 earnings call, Leahy said Lindblad has cut non-revenue days by more than 100, freeing up additional voyages and driving incremental capacity.
The effort, she said, is the primary engine behind the company’s low-single-digit capacity growth in 2026, achieved without adding new vessels.