NORWEGIAN CRUISE LINE HAS CLOCKED PRE-TAX
profits of US$81.9 million for the first
quarter 2011, up 37.5% on the same period
last year.
NCL’s net revenue for the period also
increased 20.7% to $368 million from
$304.9 million in 2010.
The improvements in figures are being
attributed in part to a 17.9% increase in
capacity days for the quarter, driven by the
addition of Norwegian Epic to the NCL fleet
in Jun last year, as well as a 2.4% increase
in the company’s net yield.
According to the financial statements yield
rose due to improved passenger pricing and
an increase in onboard spending.
The three months ended 31 Mar however
saw NCL take a slight dip in its occupancy
percentage from the same period last year,
from 107.9% in 2010 to 107.1% in 2011.
Commenting on the quarter NCL’s
president and chief executive officer Kevin
Sheehan said “I am pleased to see that
pricing along with the impact of Norwegian
Epic drove such a significant improvement in
the quarter”.
Meanwhile NCL also announced that the
first phase of enhancements at Great Stirrup
Cay, the Company’s private island in the
Bahamas, has been completed.
