
Phil Reimer--It's not a huge amount of money, but it’s a profit. Royal Caribbean Cruise Lines LTD, owners of Royal, Celebrity and Azamara among others, announced a profit of 2c a share for the fourth quarter. Analysts had been expecting a small loss. Royal did admit that part of the profit could be attributed to lower fuel costs in the quarter.
That information may or may not be of interest to cruisers. What should be of interest are the comments made by the executive team. In a nutshell, bookings for the first month of the year are better than expected and making the fastest comeback is the higher priced European cruises.
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