Carnival's $738 million ship order signals confidence

12/7/2009 | Travel Weekly

Carnival Corp. has ordered the industry's first new ship in 20 months, indicating the health of the cruising industry despite the economic downturn and uncertain recovery. "We think the business model is as strong as it's ever been," Carnival Corp. Chairman and CEO Micky Arison said. Carnival is capitalizing on some of the lowest rates for shipbuilding in years.

View Full Article in:

Travel Weekly

Published in Brief: