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June 10, 2009
Carnival Corporation & plc Statement on Reinstatement of Fuel Supplements
MIAMI (June 10, 2009) - At the time we suspended fuel supplements for our five 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.
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