It seems like just as one threat to the cruise industry dies down, another pops up. Rising fuel prices are back in the news, which means cruise lines will be paying more to gas up their ships. Royal Caribbean Cruises Ltd. said Monday that escalating fuel prices, along with the H1N1 "swine flu" outbreak, will hurt its full-year earnings results.

Since providing its outlook in April, the company's fuel costs have climbed about 45 percent.

Royal Caribbean also announced earlier this month that the swine flu will lower its full-year earnings by about 22 cents per share.

Thestreet.com:

Royal Carribean is once again saying its full-year outlook will be lower than expected, anchored down by high fuel costs and swine-flu outbreak.
The cruise operator previously predicted 2009 profit of about $1.35 per share, with a 10 cents per share deduction for every 10% change in fuel prices.
The company said that since it provided its outlook in April, fuel costs have climbed about 45%. Using this metric, full-year earnings would presumably by 95 cents a share.

Royal Caribbean also announced earlier this month that the swine flu will lower its full-year earnings by about 22 cents per share.

Analysts expect full-year earnings of $1.10 a share.

Royal Caribbean provided this update as part of its report, saying it will start offering $250 million senior notes. Shares in the company remained flat on Monday, closing down by 3 cents, to #13.25.

Earlier in the month rival Carnival(CCL Quote) posted a 32% drop in second-quarter earnings during the quarter, to $264 million, or 33 cents a share, compared with $390 million, or 49 cents, in the year-ago period.

Carnival said the swine-flu pandemic hurt its earnings by 3 cents a share, less than the 5 cents expected.

Giggity Giggity Gooo,
Arison

[ 06-29-2009: Message edited by: Arison ]

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Originally posted by Arison:

Giggity Giggity Gooo,
Arison

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All I have to say is stay off my back the next time I post anything negative about Carnival. Talk about an agenda.

I have no doubt if I had posted a similar article about Carnival, all the Carni Crusaders would have chastised me for picking on poor, helpless, Carnival.

Erine

Ernie I wouldnt get mad if you posted the same thing about Carnival.

I get mad when people bash Carnival and make it seem bad and say other cruise lines are all perfect(R!&#$L) thats when I get mad.

I wouldnt care one bit if you posted something about Carnival losing money that would be an indication of the bad economy.

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Originally posted by eroller:

All I have to say is stay off my back the next time I post anything negative about Carnival. Talk about an agenda.

I have no doubt if I had posted a similar article about Carnival, all the Carni Crusaders would have chastised me for picking on poor, helpless, Carnival.

Ernie

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Originally posted by Atlcruiser:

Yea, I think that we have someone here with an agenda. I still think that we have the reincarnation of a previous poster. Time to put this person on ignore.

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So what I like Carnival get over it. STOP trying to stir up trouble thats all your tryting to do. I didnt post anything about you so drop IT! Get off my back!

And as ive said before im not the cclover or whatever his/her name was!

Over and Out,
Arison

[ 06-30-2009: Message edited by: Arison ]

[ 06-30-2009: Message edited by: Arison ]

I don't think there's any denying that Carnival has earned a "Party Boat" Reputation over the years. However, I do think they've toned down their on-board behavior somewhat over the past couple of decades.

They certainly aren't the same line that used to sponsor beer-drinking contests and drunken pillow fights (suspended over the pool no less) like I saw on the Mardi Gras back in 1984.

Certainly, they do attract some passengers who want to push the limit, but I think they've taken some prudent steps over the years to keep things to a minimum.

I recently was exposed to one of those measures as they wouldn't let (at least initially) let my 18 year old daughter stay in my 21 year old daughter's cabin because neither of the girls were 25...which seems to be Carnival's new minimum age policy now.

Garnett

[ 06-30-2009: Message edited by: Garnett ]

[ 06-30-2009: Message edited by: Garnett ]

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Originally posted by Garnett:

I recently was exposed to one of those measures as they wouldn't let (at least initially) let my 18 year old daughter stay in my 21 year old daughter's cabin because neither of the girls were 25...which seems to be Carnival's new minimum age policy now.

Garnett

[ 06-30-2009: Message edited by: Garnett ]

[ 06-30-2009: Message edited by: Garnett ]

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They would have loved me then! I was only 20 years old when I did my first cruise on my own for 49 nights! I did a share with stranger thing so I would not have to pay single supplement, I had to share with a WWII veteran, and he was good company.

It looks like it wont get any better for RCCL considering oil last time I checked was between 80 and 90 dollars a barrell, Oasis is coming and it WILL get worse until oil goes down. I know the Royal Raders will attack me but who cares.

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Originally posted by C.J.Knox:
Looking at some other reports the loss of profit was caused by high fuel prices and swine flu.

It looks like it wont get any better for RCCL considering oil last time I checked was between 80 and 90 dollars a barrell, Oasis is coming and it WILL get worse until oil goes down. I know the Royal Raders will attack me but who cares.

Over and Out,
Cam (Arison)

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From CERA:

quote:

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Originally posted by Garnett:

I recently was exposed to one of those measures as they wouldn't let (at least initially) let my 18 year old daughter stay in my 21 year old daughter's cabin because neither of the girls were 25...which seems to be Carnival's new minimum age policy now.

Garnett

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