Pullmantur, Sandy blamed for $392 million Royal loss

Chairman and executive officer Richard D. Fain has  insisted that Royal Caribbean remains dedicated to the Pullmantur brand which  was described as a “market leader” and responsible for “diversifying guest  sourcing into new markets”.

Mr Fain also attributed the loss to the challenging  European environment, the flow on effect of the Costa Concordia incident and super-storm Sandy.

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Words: Natalie Aroyan

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