NCL News

NCL CORP. blamed its euro-denominated debt for its $8.6 million loss in the third quarter. The company said that due to poor exchange rates, its third-quarter interest expense had increased 25%, to $42.6 million. Colin Veitch, president and CEO of NCL Corp., said that despite the loss, pricing and demand were improving in the Caribbean and Hawaii. "These improvements have contributed to our overall fourth-quarter booking levels and ticket prices being up versus levels achieved at the same time last year," Veitch said.

 

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