NCL swings to profit

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NCL Corp. Ltd., which lost money in 2004, has posted a 2005 profit of more than $19 million in part because of soaring Hawaii business.

Miami-based NCL, owned by Singapore-based Star Cruises, is part of the third largest cruise conglomerate in the world after Carnival and Royal Caribbean. It owns NCL Hawaii, operator of the Pride of Aloha and Pride of America.

Annual revenues rose 20.8 percent, the result of almost 13 percent more capacity days and almost 7 percent higher net yields due to higher ticket prices and more on-board spending for other things.

Plan your cruise at Travel-Hawaii.

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This page contains a single entry by published on March 1, 2006 7:11 AM.

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