Spread the love
Post Views: 15

The selling off of 19 ships has led Carnival Corporation to a greener, leaner and more profitable future.According to a Cruise Industry News report, CEO Arnold Donald, speaking on the company’s business update call on Monday, said that with the exit of 19 less efficient ships, the company will see a 10 percent reduction in unit fuel consumption on an annualized basis.
“Our strategic (move) to accelerate the exit of 19 ships left us with a more efficient and a more effective fleet overall, and it’s lowered our capacity growth to roughly 2.5 percent compounded annually from 2019 through 2025,” Donald said.
“Now that’s down from 4.5 percent annually pre-COVID. While capacity growth is constrained, we will benefit from this exciting roster of new ships spread across our brands, enabling us to capitalize on pent-up demand and drive even more enthusiasm around our restart plan.”
Previously, in 2020, Carnival said that exiting 18 ships (which grew to 19) represented 12 percent of the company’s pre-pause capacity, but only 3 percent of operating income in 2019.
Edited by: John Alwyn-Jones, Cruise Editor.