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You are here: Home Archive 2009 July 31 Royal Caribbean bullish despite US$35m loss

Royal Caribbean bullish despite US$35m loss

by Sandra Speares - Lloyd's List last modified Jul 31, 2009 12:52 PM

Swine flu, currency fluctuations and Spanish economic conditions took their toll on second-quarter figures reported by Royal Caribbean Cruise Lines.

  
Royal Caribbean bullish despite US$35m loss

Royal Caribbean's Freedom of the Seas

RCCL posted a net loss of $35.1m or $0.16 per share, compared with an $84.7m profit for the same period in 2008.

Net yields were down 17.9% on 2008 and declined 14.2% on a constant dollar basis.

The swine flu virus was...

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