Lindblad Expeditions Eyes Fleet Expansion

National Geographic Resolution

Lindblad Expeditions is actively pursuing expansion of its expedition fleet, according to CEO Natalya Leahy.

Speaking on the company’s first quarter 2026 earnings call, Leahy said fleet growth conversations are ongoing and that the current geopolitical environment has done nothing to slow them.

“We continue to be actively focused on looking to expand capacity in terms of our expedition fleet, as well as looking to add to our portfolio of land-based companies,” she said.

“Those remain important priorities for us as a leadership team, and we’re not seeing any impact of the geopolitical situation on either of those.”

Added Chief Financial Officer Rick Goldberg: “The company will continue to explore accretive growth opportunities, including expanding our fleet and further diversifying our portfolio of Land Experiences brands to capitalize on continued growth in the demand for adventure travel,” he said.

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