On 22 June 2020, Pullmantur's owners announced that, due to the significant economic impact caused by the pandemic, they had filed for reorganization of Pullmantur under Spanish insolvency laws. It was also reported Pullmantur had begun dismantling part of the interiors of MS Sovereign and MS Monarch, with claims that "everything of value" was removed. A December 2020 news item stated that four companies had been declared bankrupt: Pullmantur S. A., Pullmantur Cruises SL, Pullmantur Holdings SL y Pullmantur Maltesas.
