Carnival Q3 income declines

Carnival Corporation has reported a decline in third-quarter income - US$1.1b on revenues of US$4.73b, down from US$1.2b on revenues of US$4.68b a year ago. The company told analysts this week it would take up to three years to bring the Costa brand back into profit as it continues to recover from the effects of Costa Concordia. The group was also hit by US$176m impairment charges related to two older Costa ships which will be laid up or sold (see p2), and US$27m related ...
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