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Guests Purchasing Air Transportation News

20 Jun 2002

Carnival Reports 2Q Results

Carnival Corporation reported net income of $194.2 million on revenues of $989.2 million for its second quarter ended May 31, 2002, compared to net income of $187 million on revenues of $1.08 billion for the same quarter in 2001. Net income for the six months ended May 31, 2002 was $323.8 million on revenues of $1.89 billion, compared to net income of $314.9 million on revenues of $2.09 billion for the same period in 2001. Earnings for the second quarter of 2002 were reduced by a $9 million loss, including related expenses, on the sale of Holland America Line's Nieuw Amsterdam and by $12 million from cancelled cruises. number of guests purchasing air transportation from the company. partially offset by an increase in cruise capacity of 2.1 percent.

25 Jul 2002

Royal Caribbean Reports 2Q Results

Royal Caribbean Cruises Ltd. announced second quarter earnings were $66.7 million or $0.34 per share. This compares to $81.7 million or $0.42 per share for the second quarter of 2001. Net revenues per available passenger cruise day ("Yields") were down 3.3 percent, which was significantly better than previous guidance of a decline in the range of 5 to 7 percent. ratio was 56.6 percent and liquidity was approximately $1.6 billion. Revenues for the quarter were $821.8 million, essentially unchanged from the same quarter prior year. guests purchasing air transportation from the company. on a per available berth day basis. fact significantly higher, at 13.2 percent. associated with lower ticket prices. be accurate. "Get Out There" campaign.

20 Sep 2002

Carnival Corporation Reports 3Q Earnings

Carnival Corporation reported net income of $500.8 million ($0.85 Diluted EPS) on revenues of $1.44 billion for its third quarter ended August 31, 2002, compared to net income of $495 million ($0.84 Diluted EPS) on revenues of $1.49 billion for the same quarter in 2001. Net income for the nine months ended August 31, 2002 was $824.6 million ($1.40 Diluted EPS) on revenues of $3.33 billion, compared to net income of $809.9 million ($1.38 Diluted EPS) on revenues of $3.58 billion for the same period in 2001. Earnings for the third quarter of 2002 included a $34 million income tax benefit from the company's Costa Cruise operation resulting from a new Italian investment tax law. This was partially offset by a provision of $20 million related to a vessel write-down.

21 Mar 2003

Carnival Reports First Quarter Results

Carnival Corporation reported net income of $126.9 million ($0.22 diluted EPS) on revenues of $1.03 billion for its first quarter ended February 28, 2003, compared to net income of $129.6 million ($0.22 diluted EPS) on revenues of $906.5 million for the same quarter in 2002. Earnings for the first quarter of 2003 included nonoperating income of $14.7 million, resulting from net insurance proceeds of $19 million, less certain other nonoperating expenses. Earnings for the first quarter of 2002 included $5 million of nonoperating income. Cruise revenues for the first quarter of 2003 were up 14 percent compared to the same quarter in 2002 due to an increase in capacity of 14.7 percent, partially offset by a decline in the number of guests purchasing air transportation from the company.