Breakaway brings revenue boost to Norwegian Cruise Line
Norwegian Cruise Line saw a 12.9% leap in revenue to $2.6 billion last year following the addition of its first Breakaway class ship, Norwegian Breakaway.
A sister ship, the 4,000-berth Norwegian Getaway, has since joined the fleet and will sail out of Miami.
Net yields last year were up 4.3% due to higher ticket prices and higher onboard spent, with was partially offset by three scheduled dry-docks.
"A year that began with a highly successful initial public offering, followed by other transactions which resulted in a strong balance sheet and credit metrics, and the launch of the first ship in our Breakaway class, Norwegian Breakaway, will undoubtedly be remembered as one of the seminal years in Norwegian’s 47-year history," said president and chief executive officer Kevin Sheehan.
Two further ships, Norwegian Escape and Norwegian Bliss, are due to join the fleet in autumn 2015 and spring of 2017 respectively.
Linsey McNeill
Editor Linsey McNeill has been writing about travel for more than three decades. Bylines include The Times, Telegraph, Observer, Guardian and Which? plus the South China Morning Post. She also shares insider tips on thetraveljournalist.co.uk
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