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Carnival Corp. Looks to Recover in 2013

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photo: HAL

photo: HAL

“As a result of the Costa Concordia tragedy in January, the past year has been the most challenging in our company’s history,” said Micky Arison, CEO of Carnival Corporation discussing financials of 2012.

Carnival Corp showed a net income of $98 million, compared to same quarter 2011 of $217 million.

Arison said, ““As a result of the Costa Concordia tragedy in January, the past year has been the most challenging in our company’s history. However, through the significant efforts of our brand management teams, we were able to maintain full year 2012 net revenue yields (excluding Costa) in line with the prior year.”

Looking forward to 2013 Carnival looks rebound from 2012.

“We remain well positioned for a recovery in 2013 and beyond evidenced by the demonstrated resilience of our global portfolio of cruise brands as consumers continue to capitalize on cruising’s superior value versus land-based vacation alternatives.”

Carnival Corp ordered two new-builds  in 2012 for Holland America and Carnival Cruise Lines, both ships the largest builds for both lines.

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