Pullmantur, Sandy blamed for $392 million Royal loss
NewsChairman 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