Wednesday, June 10, 2009

Carnival Corp Statement on Reinstatement of Fuel Supplements

At the time we suspended fuel supplements for our six North American brands, we reserved the right to reinstate them if the price of light sweet crude oil, according to the NYMEX, should increase above $70 per barrel. While we have now exceeded that threshold, in light of the economic crisis and resulting consumer weakness, we presently have no plans to institute a fuel supplement. We will continue to monitor the situation in the markets and review our position as the situation warrants.


Bob Sims said...

While we agreed with this statement in June, it's our feeling that shortly they'll reimpose the fuel surcharge as oil per barrel has surpassed the $80/barrel mark.

Linda Coffman, AKA Cruise Diva said...

I've been watching the prices as well and expect to see some movement toward fuel surcharges if the per barrel cost remains high, particularly with base fares so low.