Royal Caribbean Cruises has announced net income for the second quarter 2010 of US$60.5 million, or US$0.28 per share, compared to a net loss of US$35.1 million, or (US$0.16) per share, in the second quarter of 2009.
Revenues improved to US$1.6 billion in the second quarter of 2010 compared to US$1.3 billion in the second quarter of 2009, as a result of capacity increases and yield improvements. Net yields for the second quarter of 2010 increased 4.9 percent despite the impact of the stronger US dollar.
In the second quarter of 2010, NCC decreased 2.8 percent, and NCC excluding fuel decreased 4.4 percent.
Improved fuel consumption efforts resulted in significantly better fuel consumption of 318,000 tonnes during the second quarter. At-the-pump pricing (including the benefit of the company's hedging) was virtually unchanged. Altogether, the quarter's fuel expenditures were approximately US$6 million better than previous calculations.
{WISroYQ symbol='RCL.OL'}
