Micky Arison
Micky Arison
Micky Arisonis an Israeli-American businessman and chairman of Carnival Corporation, the world's largest cruise operator. From 1979 until 2013, he also served as CEO until he was replaced in June 2013 by Arnold W. Donald, who had served on the company's board for 12 years. Arison is also the owner of the NBA's Miami Heat...
ProfessionBusiness Executive
Date of Birth29 June 1949
CityTel Aviv, Israel
based believe best carnival consumer continues cruise demand envisioned european high level lines north perform ship specific tremendous
Originally, we envisioned this ship would be designated for one of our European brands. However, Carnival Cruise Lines continues to perform at a very high level and based on the tremendous consumer demand for its products, we now believe that this specific tonnage would be best utilized for Carnival's North American market,
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We have every intention of relaunching cruise service from the great city of New Orleans as soon as the infrastructure is in place so that our ships may contribute to the economic recovery of the area.
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Costa is the largest and most successful cruise line in Europe and will serve as Carnival's primary platform for expanding our presence in this increasingly important market,
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We are very pleased that our ships are making a difference in their lives and contributing to the recovery of New Orleans,
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We've got ships for all different types of people and all different sizes, just like the hotel industry. There's some people that love hotels like Bellagio, and others -- I'm staying in a hotel right now with I think six rooms.
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We continue to believe that our offer is a superior proposal to the Royal Caribbean proposal and is a credible, deliverable and more valuable transaction for your shareholders,
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We are extremely disappointed to have to withdraw from this transaction. The proposed combination of Fairfield and Carnival was a tremendous opportunity to capitalize on many outstanding marketing synergies that would have benefited both companies.
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We are extremely disappointed to have to withdraw from this transaction, ... The proposed combination of Fairfield and Carnival was a tremendous opportunity to capitalize on many outstanding marketing synergies that would have benefited both companies.
fuel increases north
Significant improvements in pricing, particularly for our North American brands, more than compensated for increases in fuel costs.
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We have been exploring a strategy for entering the Asian marketplace for some time and have indicated that our entrance into this hugely populated market would be through one of our existing brands. These cruises represent a first step in this initiative and will serve as a platform for future expansion into other areas of Asia. Although all of our brands are virtually unknown in China, we chose Costa because it is already very international in nature, serving guests of many different nationalities, languages and cultures.
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That's quite a remarkable accomplishment considering that fuel price increases are estimated to cost the company an additional $170 million, or 20 cents a share, in 2005.
chance choose
I thought there was a better than 50-50 chance that he would choose to do that.
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It is a testament to the resilience of our cruise business that despite an approximate 50 percent increase in fuel costs for the quarter and the worst hurricane season in our history, we were still able to grow earnings by 20 percent to achieve record fourth quarter results.
plus
I think that was a big psychological plus for us.