Norwegian Cruise Line Sees No Danger on the Horizon
Photo Credit: Norwegian Getaway in Nassau. Parent company Norwegian Cruise Line Holdings enjoyed a good first quarter. Norwegian Cruise Line / Danny Lehman
Skift Take
We're a long way into the current economic cycle and despite the potential for a slowdown, Norwegian Cruise Line Holdings CEO Frank Del Rio sees plenty of reasons to be cheerful.
The good times are here to stay, according to Norwegian Cruise Line Holdings CEO Frank Del Rio, as fears of a global economic downturn and industry oversupply recede into the background.
Norwegian reported a 15 percent rise in first quarter profit to $118.2 million with revenue up 8.5 percent to $1.4 billion.
The impressive start to the year means Norwegian expects to generate record earnings in 2019 and strong consumer demand is likely to carry on through the following year.
"As we have stated over the last few quarters, we continue to see a strong macroeconomic environment...and that fears of a near-term recession or downturn have grea
