THE SECOND QUARTER OF 2011 (ENDING 31 MAY) SAW
Carnival Corporation scoop up net income of
US$206m, on revenues of US$3.6b.
The result saw the cruise giant’s net
income drop US$46m from the same period
last year where Carnival clocked net income
of $252m on revenues of US$3.3b.
“Our North America brands’ revenue yields
increased 3% in the second quarter while
yields for our Europe, Australia and Asia
brands were up slightly (constant dollars),
having been affected by the geo-political
events which unfolded in the Middle East and
North Africa, as well as the earthquake and
nuclear disaster in Japan,” said Carnival
Corporation CEO Micky Arison.
“The revenue yield improvement was more
than offset by higher fuel prices which cost
the company approximately US$150m”.
In addition the second quarter for 2011
also saw Carnival increase its net revenue
yields (on a constant dollar basis) by 2.3%,
whilst fuel prices increased 35%
