[Capt. Tom]

Problem is the line in the report ‘ lack of advance bookings’. This as opposed to Carnival that is booking like crazy.

Carnival appears not to be using all it's ships right away in the comeback.

Also Carnival has 20 more cruise ships coming in the next 5 years, that may be hard to fill.

Carnival 4--Princess 3-- Hol. Amer. 2--Costa 4-- Aida 3--Cunard 1--P&O 2--Seaborne 1 - Tom

[Chgogal]

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